Qualus Corporation (Qualus), a leading pure-play power services firm and innovator at the forefront of the energy transition, announced today the completion of its acquisition of Planet Forward Energy Solutions, LLC (PFES), a specialized and differentiated provider of program management and strategic advisory services to the power industry and utilities. The firm has extensive experience managing large, long-term power and utility infrastructure programs and serves as a trusted advisor to optimize the structuring of capital investment strategies and allocation of resources as part of multi-decade critical infrastructure initiatives for its clients, including initiatives in grid resiliency, clean energy, energy efficiency and increased generation investment related to renewables, decarbonization, electrification, and data center expansion.
PFES’ deep expertise and resources in multi-disciplinary program and project management, project controls, construction management, and owner’s engineering services are highly complementary to Qualus’ services which, in addition to program management, include advisory, planning, engineering, digital solutions, and specialized field services. PFES will also expand Qualus’ advisory services in the areas of business intelligence, data analytics, and in deploying advanced technologies to enhance decision-making, operational efficiency, demand forecasting, and safety adherence while integrating innovation with existing systems.
“The acquisition of PFES, with its highly complementary expertise and resources in program management and strategic advisory services, is consistent with our strategy to build and expand our capabilities to continue to partner with our clients and offer comprehensive solutions and resources,” said Greg Herasymuik, President & CEO of Qualus. “PFES has an impressive team and leadership. We welcome them to Qualus and look forward to growing our company together.”
“Qualus has an impressive track record of strategic growth, both organically and through acquisitions, by investing in our people, promoting and hiring exceptional professionals, and acquiring differentiated firms, as we execute on our long-term strategy. PFES is another great example,” said Dr. Hisham Mahmoud, Executive Chairman of Qualus. “We are proud of the fact that our leadership team includes founders and leaders from our acquisitions who are significantly contributing to our impressive growth journey and are enthusiastic champions of our firm’s differentiated culture.”
