June 12, 2023
Renewable energy contractors Directional Services Inc. (DSI) acquired Fortress Fencing, a solar and industrial fencing options firm. The acquisition is a strategic part of DSI’s turn-key providers supporting the energy business’s transformation to cleaner sources of energy.
“The acquisition of Fortress represents another significant step in our mission to be the leading renewable energy solutions provider in the nation, complementing the continued expansion of our utility-scale solar, electrical and renewable energy capabilities,” mentioned Jeff Bagshaw, DSI’s Chief Executive Officer. “Perimeter security is essential to protecting facility assets and the integrity of our customers’ ongoing operations.”
Founded in 2001, Fortress Fencing has grown from a two-person firm to one of many largest solar and industrial fencing corporations within the nation. Fortress provides a broad vary of fencing options that gives security and safety for power, industrial, and industrial amenities. The Fortress workforce understands the necessities for safe perimeter fencing to assist utility-scale solar and renewable energy manufacturing.
“Over the past 21 years, Fortress has built a strong national reputation as a leader in security fencing solutions for the renewable industry,” says Jason Truesdale, Founder, and President of Fortress. “Our new partnership with DSI will provide resources and business scalability solutions that will position our company to support the rapidly growing needs of our clients nationally.”
Fortress fencing will proceed to function below the present management as an entirely owned subsidiary of DSI. DSI will combine fencing as a part of the corporate’s end-to-end portfolio of renewable energy infrastructure, and utility-scale solar options.
“We are proud to welcome Fortress to the DSI family,” added Bagshaw. “We have a shared vision and commitment to support the growth and development of the nation’s power grid utilizing cleaner renewable energy sources.”
Justin Marku, Partner with Rising Point Capital, mentioned “the strategic acquisition of Fortress and partnership with Jason Truesdale, furthers our investment thesis in diversifying DSI across the utility-scale solar value chain to enable turn-key renewable energy solutions.”
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Tags: utility-scale
