Integrated Power Services (IPS) Acquires CFM Services

Integrated Power Services (IPS), a world-class provider of electrical, mechanical, and power management systems, has acquired CFM Services (CFM), effective Thursday, Sept. 4, 2025. “CFM is a dynamic NETA-certified field service power company in Québec, delivering comprehensive solutions, with a focus on high and medium voltage systems and reconditioning and refurbishment of transformers,” says Shannon Moses, Executive Vice President & General Manager, IPS Power Management Division.       

Located in St-Jean-sur-Richelieu, Québec, CFM serves customers throughout the province, delivering cost-effective solutions on time and on budget in diverse industries, such as hydropower, government, facilities management, utilities and education. CFM’s core offerings include electrical servicing, thermographic inspections, oil analysis, commissioning, maintenance, and reconditioning and refurbishment of transformers for utility, commercial and industrial customers across Eastern Canada.   

CFM is excited about working together with IPS. "We look forward to sharing our NETA expertise with other IPS companies in Canada,” says Stéphane Forgues, Area Manager at CFM. “At the same time, we’re eager to share IPS products and services with CFM customers. We’re also pleased with the potential opportunities this partnership offers our employees.”   

This strategic move adds more NETA technical expertise to the IPS portfolio of product and service solutions in Canada. “Together with other recent acquisitions in Québec, including MDL Énergie, DUAL-Électrotech, and Surplec, we can provide more comprehensive solutions in engineering, remanufacturing, and field services to our customers in Canada,” added Moses. “We will be able to serve a wider range of customers and their critical infrastructure needs with increased efficiency.”     

CFM | https://www.cfmservices.ca/

Integrated Power Services | www.ips.ca