Industrial Growth Partners Acquires SENS Holdings, a Designer and Manufacturer of Energy Systems
March 2025 – Austin, TX. Genz & Associates is pleased to announce its client, Industrial Growth Partners (IGP) has acquired SENS, Stored Energy Systems. SENS, founded in 1971, stands as the leading supplier highly engineered battery chargers, integrated power systems and battery monitoring solutions for critical infrastructure applications. The company’s products ensure uninterruptible power and minimize the risk of critical system downtime in high cost-of-failure environments including data centers, utilities, oil & gas, communications, hospitals, manufacturing, water and wastewater treatment among others.
IGP was founded with a single vision: to invest in and build market-leading industrial businesses and have spent 25 years focused exclusively as a specialist in the Industrial sector, targeting engineered products, niche industrial services, and value-added distributors. Their longstanding presence in the utility and power sector, domain expertise and track record positioned them as an ideal strategic partner for this investment.
Genz & Associates has worked with IGP for several years as their buy-side advisor to execute thesis-driven engagements for new platforms. IGP was seeking to create a platform within the growing critical infrastructure sector and SENS fit IGPs strategy to invest in industrial companies with leading market positions, significant growth opportunities and outstanding management teams.
“We are thrilled to see this platform investment come to fruition for our client IGP. SENS has significant growth opportunities and is an ideal fit for IGP’s core strategy of investing in market leading industrial companies alongside outstanding management teams,” said Mark Genz, Founder & CEO of Genz & Associates.
The Genz team successfully originated this transaction with SENS, leveraging their sector experience and proven methodology. Utilizing their disciplined process and proprietary research platform, combined with the expertise and commitment of the Genz development and research teams, the firm originated this highly aligned, value-driven acquisition.
About Genz & Associates:
For almost fifteen years, Genz & Associates has been a trusted buy-side M&A advisor and partner to leading private equity firms, family offices and corporate acquirers to execute thesis-driven investment strategies for initial platform investments, strategic add-on acquisitions, and buy-and-builds. We leverage our relationship-driven approach, proven process and proprietary technology to help investors build great companies while providing business owners and executives with a path to realize the value they’ve created through years or decades of hard work. For more information, visit www.webp184.sg-host.com.
