IES Expands Solar Capabilities

HOUSTON--Integrated Electrical Services, Inc. (or "IES") (NASDAQ: IESC), an infrastructure services company with leading positions in a broad range of markets for electrical and communications products and services, today announced that it has entered into a definitive agreement to acquire certain assets of the Acro Energy group (or "Acro"), a residential solar energy integrator. The acquisition is subject to satisfaction of customary closing conditions and is expected to close in the second quarter of 2013.

"Offering alternative energy services to the residential market represents a long term growth market for IES Residential," said Dwayne Collier, President of IES Residential. "As Acro Energy's exclusive installation provider since late 2011, this acquisition will not only strengthen our position in the residential solar market, but also provide IES Residential with Acro's sales force capabilities to cross-sell additional electrical services."

Acro Energy markets and sells products and services through a sales organization that includes a direct sales team, a call center and a customer referral program. As part of the acquisition, over 70 employees and independent contractors across Acro's three offices will join IES. Additionally, IES is assuming Acro's backlog of contracts of over $4.0 million. Acro Energy is a top fifteen residential solar energy integrator in the state of California.

The terms of the acquisition may be found on the Company's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on February 14, 2013.


Integrated Electrical Services, Inc. is an infrastructure services company that enjoys leading positions in a broad range of markets for electrical and communications products and services. Our 2,500 employees serve clients throughout the United States. For more information about IES, please visit

Featured Product

DPW Solar Power Rail™

DPW Solar Power Rail™

The Power Rail™ hardware system is the professional grade choice for mounting PV Modules on residential roofs and commercial structures. Featuring revolutionary RAD™ lock-in-place hardware, grounding and pre-assembled clamps, the Power Rail mounting system offers installers both labor and time savings. What sets this mounting system apart are eight rail choices for reducing costs over a broad range of span distances. Since 1993, DPW Solar mounting systems have provided installers the right combination of innovative products, cost savings and proven solar mounting technologies.