Qualus Corporation to Acquire PFES, Expanding Advisory and Management Services
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Slice of Technology Team
09/02/2024
Key Highlights:
- Qualus Corporation to acquire PFES, a specialized provider of program management and strategic advisory services.
- The acquisition enhances Qualus' offerings in business intelligence, data analytics, and advanced technologies.
- PFES brings deep expertise in multi-disciplinary program management and construction management.
- The transaction supports Qualus' growth in grid resiliency, clean energy, and renewable investments.
Source (Business Wire)
Quotes
“ “We look forward to welcoming the PFES team to Qualus and are excited for the opportunities this combination will create for our people and clients.” ”
Dr. Hisham Mahmoud, Chairman and CEO at Qualus Corporation
Our Take:
The acquisition of PFES by Qualus Corporation represents a significant strategic move, enhancing Qualus' capabilities in managing complex power and utility infrastructure projects. This merger not only broadens Qualus' service offerings but also positions the firm as a leader in integrating advanced technologies for improved operational efficiency and decision-making in the energy sector. As the energy transition continues to accelerate, this combination will likely provide Qualus with a competitive edge in addressing critical industry challenges, particularly in areas like grid resiliency, clean energy initiatives, and the growing demand for renewable energy investments.
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