# Power Grid Components

Power Grid Components is a Manufacturing (Utility Equipment) based in Bessemer, United States.

## Overview

- **Organization type:** Manufacturing (Utility Equipment)
- **Headquarters:** Bessemer, United States
- **Region:** North America
- **Address:** Bessemer, AL, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** powergridcomponents.com
- **LinkedIn:** https://www.linkedin.com/company/power-grid-components-inc

## Regulatory record

- **Reports private funds:** No

## About

Power Grid Components is a company founded in 2017 in Bessemer, Alabama. It supplies engineered power equipment to the electric utility industry. Products include high voltage disconnect switchgear, insulators, instrument transformers, outside plant hardware, and controlled switching devices.

## Sectors

- Energy Transition & Renewables
- Infrastructure
- Industrial Tech

## People

- Rick McClure — President

## Questions

### What types of companies does Power Grid Components acquire?

The firm acquires small to mid-sized North American manufacturers of electrical grid hardware — components such as bushings, arresters, disconnect switches, insulators, and transformer monitoring equipment. These products are mission-critical for transmission and distribution networks but rarely attract institutional interest as standalone businesses. The 2023 acquisition of transformer maker ERMCO illustrates the firm's move into larger, more capital-intensive categories.

### How does Power Grid Components differ from a generalist private equity fund?

Power Grid Components is a specialized, indefinite-hold consolidator focused exclusively on the electrical grid supply chain. Unlike a traditional PE fund with a 5-to-7-year exit horizon, the firm structures acquisitions around long-term operational stewardship, retaining existing management and customer relationships. This narrow mandate gives it a procurement and due-diligence advantage over generalist buyers who evaluate grid-hardware businesses alongside unrelated portfolio companies.

### Who makes investment decisions at Power Grid Components?

Rick McClure, the firm's President, leads investment decisions and acquisition sourcing. McClure has deep experience in the electrical equipment sector, having previously served in executive roles at grid-hardware businesses. The firm's lean structure — characteristic of a family-office-style consolidator — places origination, diligence, and post-acquisition oversight under a small, centralized team.

### Does the firm invest outside North America?

Power Grid Components' known acquisitions and stated mandate focus exclusively on North American manufacturers, primarily in the US. The firm targets domestic supply chains serving US utilities, data centers, and renewable developers — sectors where Made-in-America procurement requirements and supply-chain reshoring create additional tailwinds for domestic manufacturers.

### What is the thesis behind consolidating grid hardware manufacturers?

The thesis rests on three pillars: fragmentation of ownership (many founder-owned businesses with succession needs), rising demand from electrification and grid reliability investments, and constrained domestic supply of specialized high-voltage hardware. By consolidating these niche manufacturers under a single operational umbrella, the firm can capture procurement synergies and cross-sell complementary products to shared utility customers — a playbook adapted from successful consolidations in aerospace and specialty industrial distribution.

## Related profiles

- [Grammarly](https://altss.com/profile/grammarly-inc)
- [MGA Homecare](https://altss.com/profile/mga-homecare)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/power-grid-components

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology