# GenServe acquires Illini Power Products and Gen-Power

GenServe, a portfolio company of GenNx360 Capital Partners, acquired Illini Power Products and Gen-Power, key players in the Chicago generator market. The acquisition expands GenServe's geographic presence into the Midwest.

- Type: Acquisition
- Announced: 2023-01-03
- Where: Carol Stream, Illinois, United States
- Status: completed
- Products: power generator maintenance, repair, sales, rental generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GenNx360 Capital Partners](https://endata.com/companies/7106.md) (investor)
- [GenServe Inc.](https://endata.com/companies/31355.md) (acquirer)
- [Illini Power Products](https://endata.com/companies/67650.md) (target)
- [Gen-Power](https://endata.com/companies/67651.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/gennx360-capital-partners-announces-genserves-9th-acquisition-illini-power-products-and-gen-power-301712321.html), 2023-01-03: "The acquisition of Illini Power Products and Gen-Power marks another major geographic expansion for GenServe."
- [genserveinc.com](https://genserveinc.com/2023/01/03/gennx360-capital-partners-announces-genserves-9th-acquisition-illini-power-products-and-gen-power/), 2023-01-03: "The acquisition of Illini Power Products and Gen-Power marks another major geographic expansion for GenServe."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.