en.Wedoany.com Reported - Sundt Construction, Inc., a construction firm based in Tempe, Arizona, completed the acquisition of Industrial Power Solutions (IPS), a full-service industrial electrical contractor in Phoenix, in early May 2026. Under the agreement, IPS will operate as a wholly owned subsidiary of Sundt Construction, sharing certain services and personnel, a move that more than doubles Sundt's skilled electrical workforce.
Founded in 1890 and headquartered in Tempe, Arizona, Sundt Construction is a 136-year-old employee-owned company with over 5,000 employees, ranking 46th on the Engineering News-Record 2026 Top 400 Contractors list in the United States. The company operates across multiple sectors, including transportation, water and wastewater treatment, advanced facilities, heavy industrial and mining, building, concrete, and renewable energy generation, with 13 offices in seven U.S. states: California, Arizona, North Carolina, Texas, Washington, Utah, and Florida. Sundt Construction recently received the title of America's Safest Construction Company from the Associated General Contractors of America, making it the only construction firm to have earned this honor three times.
Founded in 2008, IPS operates two locations in the Phoenix metropolitan area, specializing in electrical construction, manufacturing, design, and field control services for the industrial, water and wastewater, and advanced facilities markets. Its representative projects include the Deer Valley Water Treatment Plant, Union Hills Water Treatment Plant, and 24th Street Water Treatment Plant. IPS founder Lucas Bruxvoort and his leadership team will remain in place, extending employee ownership to over 200 IPS employees through the new equity structure.
Cade Rowley, President and CEO of Sundt Construction, stated that the technical expertise of the IPS team, combined with Sundt's long-standing experience as a self-performing contractor, will enhance both companies' ability to serve their clients. This acquisition directly strengthens Sundt's electrical construction capabilities in the water and wastewater sector. With nearly two decades of operational experience in the Phoenix area, IPS has developed large-scale, complex electrical engineering expertise in water and wastewater facilities. Currently, Sundt is executing projects in the region including the Cave Creek Water Reclamation Plant upgrade, the Gilbert North Water Treatment Plant, and the State Route 202 Santan Freeway expansion.
This acquisition is a strategic move by Sundt Construction to address the growing demand for water infrastructure in the Southwestern United States. Following the acquisition, IPS will continue to operate under its own brand as a wholly owned subsidiary.
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