Plano-Based Think Power Solutions Acquires Lamar Technical Services

Based in Cedar Park and Conroe, Texas, LTSI specializes in GIS data collection, construction staking and layout, easement research, and other services.

Plano-based tech-enabled utility infrastructure solutions provider Think Power Solutions has acquired Lamar Technical Services Inc. (LTSI), expanding its portfolio with complementary services.

“We’re thrilled to embark on this new chapter with a partner who shares our vision for transforming energy and utility space. We’re honored to join forces with LTSI,” Hari Vasudevan, founder and CEO of Think Power Solutions, said in a statement. “We will leverage this partnership to propel Think Power Solutions’ innovation and shape the future of utility and infrastructure excellence. As part of our growth strategy, we’ll continue to seek expansion through M&As, focusing on infrastructure-led businesses.”

Terms of the deal were not disclosed.

With over 25 years of experience, Lamar Technical Services has been a leader in the Texas utility sector, Think Power said. Based in Cedar Park and Conroe, Texas, LTSI specializes in GIS data collection, construction staking and layout, easement research, and other services.

Think Power Solutions said it has been serving electric utility customers across Texas, the Southeast, and the Midwest for more than a decade.

“Think Power Solutions’ employee-centric culture was a major factor in our decision to partner with them. We’re excited to build on their impressive achievements and drive further growth in the energy and utility sector,” LTSI founder Larry J. Krenek said in a statement.


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