- Slice of Energy
- Posts
- Qualus Acquires PFES to Strengthen Energy Transition Leadership
Qualus Acquires PFES to Strengthen Energy Transition Leadership
Slice of Energy Team
December 06, 2024
Key Highlights:
Qualus expands capabilities with the acquisition of PFES, a strategic advisor in the power and utility industry.
PFES expertise enhances Qualus’ services in program management, data analytics, and technology deployment.
Supports initiatives in grid resiliency, decarbonization, and clean energy, critical for energy transition and transformation.
Source: Business Wire
Notable Quotes:
“The acquisition of PFES, with its highly complementary expertise and resources in program management and strategic advisory services, is consistent with our strategy to build and expand our capabilities to continue to partner with our clients and offer comprehensive solutions and resources. PFES has an impressive team and leadership. We welcome them to Qualus and look forward to growing our company together.”
“PFES is another great example of our strategic growth, both organically and through acquisitions, as we execute on our long-term strategy.”
Our Take:
Qualus’ acquisition of PFES is a strategic move that positions the firm as a leader in addressing the challenges of the energy transition. By integrating PFES’ program management and advisory expertise with its own comprehensive service offerings, Qualus is poised to deliver enhanced value to clients engaged in large-scale infrastructure projects. This acquisition underscores the importance of programmatic excellence and innovative solutions in the energy sector as the industry navigates the complexities of decarbonization, electrification, and modernization.