Applied Invest today announced its strategic investment in Integrated Power Co. and J.A. Wever Construction (collectively, “Integrated Power”), a leading provider of electrical infrastructure services.
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Integrated Power builds, maintains, and provides related services for critical nodes across the electric grid, including substations, transmission lines, and power generation facilities. Through its skilled workforce and integrated electrical and foundation capabilities, the company serves as a single partner for customers, ensuring quality and simplifying execution across the full scope of work. Integrated Power operates throughout the United States, with particular strength in the central and southern regions.
“We are proud of the company and team we have built, and we were deliberate in selecting the right partner for the business,” said J.A. Wever, Co-CEO of Integrated Power. “Applied Invest shares our commitment to our customers and employees, and we are excited to work with them.”
“We’re excited about the momentum we have created and the opportunities ahead for Integrated Power,” said Josh Dezort, Co-CEO of Integrated Power. “Applied Invest’s operating experience and industry relationships will help us build on that momentum.”
“Integrated Power is well positioned to meet the fast-growing demand for reliable power infrastructure,” said Bruce Grant, Executive Chairman of Applied Invest. “The company has a strong market position, a differentiated offering, and an exceptional leadership team. We are excited to partner with J.A., Josh, and the broader team.”
“We have been impressed by Integrated Power’s vertically integrated capabilities, skilled execution, and – above all – its management team and people,” said Spencer Seabaugh, Principal at Applied Invest. “We look forward to supporting the team as it builds on this strong foundation.”
J.A. Wever, Josh Dezort, and the existing management team will continue to lead Integrated Power. Applied Invest will back the company with capital, operating support, and industry relationships as the business continues to grow.
About Integrated Power: Founded in 2013 by J.A. Wever and Josh Dezort, building on J.A. Wever’s foundation services business established in 2007, Integrated Power is a leading provider of specialized electrical and foundation services for critical power infrastructure. The company delivers integrated electrical and civil solutions across substations, transmission lines, and power generation facilities. With a skilled workforce serving customers throughout the United States and primary operating locations in North Platte, Nebraska, and Simms, Texas, Integrated Power is committed to quality service, safe and timely execution, and long-term customer relationships. Learn more at www.ip-co.net.
About Applied Invest: Applied Invest is a family office and social impact organization focused on investing in and scaling high-potential businesses and purpose-driven initiatives. With more than 40 years of management consulting experience and more than 20 years of direct investment experience, Applied Invest supports its portfolio companies with capital, operating expertise and resources, and its broad professional network. Learn more at www.appliedinvest.com.
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