IES Holdings Acquires Arrow Engine to Strengthen Infrastructure Solutions in Energy Sector

IES Holdings Enhances Infrastructure Solutions with Arrow Engine Acquisition

IES Holdings, Inc., through its division IES Infrastructure Solutions LLC, has successfully acquired Arrow Engine from TriMas, marking a significant strategic move in the energy sector. This acquisition, finalized on January 31, 2025, allows IES to expand its offerings in the natural gas-powered engine market, particularly for applications in remote environments, such as oil field pump jacks and compressors. Arrow Engine, a legacy business founded in 1955, generated an estimated revenue of approximately $20 million for the year 2024. The integration of Arrow Engine into IES's Infrastructure Solutions segment is poised to enhance the company’s capabilities in providing reliable energy solutions while retaining the well-established Arrow name.

The acquisition reflects IES Holdings’ commitment to diversifying its portfolio and reinforcing its presence in the infrastructure sector. With the integration of Arrow Engine, IES aims to ensure continuity of service for existing customers, leveraging the expertise of Arrow’s management team during this transition. TriMas CEO Thomas Amato emphasized the strategic partnership, expressing confidence that IES is well-positioned to take Arrow Engine to greater heights. This acquisition aligns with IES's broader strategy to optimize its offerings and expand its market reach, particularly as energy demands evolve.

As IES Holdings integrates Arrow Engine, the company positions itself to benefit from the growing demand for natural gas solutions in various applications. The acquisition not only strengthens IES’s operational capabilities but also enhances its ability to innovate in the energy sector. By retaining the Arrow brand, IES aims to maintain the legacy and reputation associated with Arrow Engine while focusing on delivering enhanced solutions to its customers. This strategic acquisition demonstrates IES’s proactive approach to adapting to market changes and fulfilling the energy needs of the future.

In related developments, the financial advisory for the transaction was managed by Woodward Park Partners, while Holland & Knight served as legal counsel for TriMas. Following the sale, TriMas will adjust its 2025 segment reporting, reflecting only the performance of its Norris Cylinder business alongside a month of Arrow Engine's operations. TriMas continues to focus on its diverse product offerings across consumer, aerospace, and industrial markets, employing approximately 3,400 people globally.