HOUSTON , Aug. 16, 2022 /PRNewswire/ -- RESA Power, LLC, a market leader in power systems electrical testing, transformer services and life extension solutions for power distribution equipment, has announced the acquisition of High Energy Electrical Testing, Inc.

Based in Farmingdale, NJ , High Energy Electrical Testing (HEET) is a NETA accredited company that has been providing electrical testing services since it was founded in 1987. HEET specializes in electrical testing, commissioning, installation, and service (including emergency service) of local power transmission and power distribution systems. With this latest acquisition, HEET becomes the 28th location in RESA Power's rapidly expanding network of businesses.

"We've been tracking the success of High Energy Electrical Testing for several years now, so we are delighted to finally welcome Suzanne, Jim and the rest of the HEET team into the RESA organization!" commented Monte Roach , Chief Executive Officer at RESA Power. He added, "adding HEET as a partner significantly strengthens our presence in the mid-Atlantic and enables us to offer a broadened portfolio of services and products to our existing customers in that region."

Suzanne and Jim Ratshin , co-founders of High Energy Electrical Testing, commented, "We are exceptionally proud of how our business has grown over the last 35 years, and we are very thankful to our loyal employees, customers, and suppliers who have trusted and supported us along the way.  We care passionately about the high quality of services we provide to our customers, and we feel confident that RESA Power is the right partner to help drive future growth and sustain our commitment to maintaining the very highest levels of customer service".

RESA Power, a portfolio company of Investcorp, a global alternative investment firm, is a market leader in power systems services and life extension solutions for power distribution equipment used in mission critical environments. With locations across the United States and Canada , RESA Power is uniquely capable of ensuring our customers' critical power systems are safe, reliable, and operating at peak efficiency. The technicians and engineers at RESA Power are experts in testing and servicing transformers, relays, breakers and other key components of power distribution and control systems. RESA Power also provides quick turn-around custom manufactured or retrofit switchgear and breaker solutions and maintains an extensive inventory of obsolete and hard-to-find components. For more information about how to join the RESA Power group, visit www.resapower.com or follow us @RESAPower on LinkedIn

Media Contact: RESA Power Julia Baranava, Marketing Manager 342486@email4pr.com 832-900-8343

View original content to download multimedia:https://www.prnewswire.com/news-releases/resa-power-increases-its-presence-in-the-mid-atlantic-region-with-the-acquisition-of-high-energy-electrical-testing-inc-301605682.html

In this article, we will discuss some of the best stocks to buy according to Dave Smith, Chief Investment Officer at investment management company Rockland Trust. If you want to explore similar stocks, you can also look at Long-Term Analyst: Buy These 5 Stocks. David Smith has been in the financial services industry for over […]

Follow Buffett’s lead. And collect big dividends too.

Cathie Wood's ARK Invest cut its stake in Nvidia ahead of the graphic chipmaker's results last month. Now it's snapped up the stock which has dropped to a 52-week low.

Donald Trump wanted to disrupt the hegemony of the Silicon Valley giants. Things don't seem to be going the way the former president wanted.

Orchid Island Capital Corp. (NYSE: ORC) is a finance company that acquires, invests in and offers financing from U.S. residential mortgage-backed securities (MBS). The Florida mortgage real estate investment trust (REIT) initiated an IPO in March 2013 at a price of $14.50. Its monthly dividend of $0.135 returned an approximate annual yield of 11%. However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times. Orchid’s price had recently be

KeyBanc Capital Markets Equity Research Analyst John Vinh joins Yahoo Finance Live to discuss Broadcom earnings, chip stocks, supply chain issues, U.S. government banning the export of chips to China, and the outlook for the space.

Ready to go bottom fishing again? Any good angler can tell you that there’s plenty of good eating just waiting at the bottom of the creek, or the pond, or the lake. The same concept also holds for stocks – investors can always find some quality equities down at the market bottoms. Stocks get down there for a multitude of reasons, and the reasons aren’t always related to any fundamental flaw in the company or its share trading policies. Sometimes, it’s some idiosyncratic business move, or over-re

In this article, we will take a look at the 10 tech stocks recently downgraded by analysts. If you want to see some other tech stocks receiving updated recommendations from analysts, go directly to Analysts are Downgrading These 5 Tech Stocks. Notable stocks from the tech sector, including HP Inc. (NYSE:HPQ), NVIDIA Corporation (NASDAQ:NVDA) and […]

Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Relatively few advisers are focusing on this outcome — at least among the more than 100 I regularly monitor.

Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce the appointment of Michelle Borthwick to the position of Corporate Secretary.

Yahoo Finance's Ines Ferré discusses how stocks are performing into the closing bell.

The S&P 500 broke below 4,000 this week, for the first time since the end of July. It has investors wondering: Does this mark the low point of a roller coaster ride? Stocks rose all last year, fell from January to June, rallied from July to mid-August, and now are falling again. According to Wells Fargo strategist Paul Christopher, it’s evidence that the stock rally is sputtering to a halt. Christopher writes that “Cracks in financial market liquidity are appearing,” and says of the S&P 500, “3,

Aurora Cannabis, Canopy Growth, OrganiGram Holdings, and Tilray Brands are all in the red yet again today.

The Dow Jones, which is comprised of 30 multinational companies, has likely outperformed the other major indexes because it's packed with profitable, time-tested businesses. What follows are three Dow stocks that are nothing short of screaming buys in September. The first Dow stock that's begging to be bought by long-term investors in September is semiconductor stock Intel (NASDAQ: INTC).

The real estate investment trust (REIT) area has been particularly under fire given that office and retail properties are economically sensitive, and the economy appears to be close to a recession (or even in one). Simon Property Group (NYSE: SPG) is the premier mall operator in the U.S. It owns 198 properties consisting of shopping malls and premium outlets. Occupancy was up 2.1% year over year to 93.9%, and the company raised its forecast for funds from operations (FFO), a crucial metric for REIT performance.

Hotels were a great buy during COVID-19. Now that growth story is over, and I've bought shares of a fast-grower in South America.

The stock plummeted after the U.S. government imposed new licensing requirements for advanced chip sales. Jefferies believes the contraction presents a buying opportunity.

Fast-growing cybersecurity company CrowdStrike (NASDAQ: CRWD) reported strong fiscal second-quarter results earlier this week. Its fiscal second-quarter revenue and adjusted earnings per share both came in higher than analysts' consensus forecasts, as annual recurring revenue soared 59% year over year, surpassing $2 billion for the first time. While it's true that CrowdStrike's business has been firing on all cylinders, there has been significant pressure on growth stocks in 2022 as investors appear to be more sensitive to valuation risk.

For years, people have kept an eye on what stock market pros like Warren Buffett, Ray Dalio, and others were buying. In recent years, Cathie Wood, CEO of ARK Invest, rose to prominence as her ARK Innovation exchange-traded fund (ETF) skyrocketed in value with timely investments in companies like Tesla, Roku, and Coinbase Global. Wood was active in August, adding to several long-standing positions in the ARK Innovation ETF.

12,000 puts bought in a single purchase for $2.14M on 8/26 are now worth over $36M. Was this just a lucky guess, or did this institutional trader know about the BIG NEWS that was about to drop just days after their bearish purchase?