SHAPE Group, New Zealand’s leading energy and air infrastructure company, acquires IT Power Services Ltd.
Shape Group has continued its fast-paced growth since opening its doors in 2021. This month Shape is proud to announce the acquisition of IT Power Services Ltd. As of 1st of August 2022, the business operations of IT Power Services Ltd will have been purchased by Shape Energy Ltd. Going forward, IT Power will be legally known as Shape Energy Ltd and continue as a sub-brand of Shape Energy.
The team at IT Power are the perfect partners to further our goals of using smart, connected, resilient, and green technologies here in New Zealand. Shape Group is a well-resourced, 100% privately owned NZ business whose directors and owners are committed to improving the lives of New Zealanders.
Shape Energy intends on making no changes to IT Power’s services other than increasing its offerings and resources to it’s customers. Jason Lewis will be staying on with Shape Energy and IT Power representatives will continue to provide their world-class solutions and service.
“IT Power has grown to a stage where it requires significant resources to grow further. I have been in discussions with Andrew Edwards (CEO of Shape Group) over the past 12 months and feel that Shape is the best company to lead IT Power through its next stage of growth, both from a customer and employee perspective. As for me I will continue with the business but look forward to being a part of the wider team.”
As a part of Shape Energy, the team will be able to take full advantage of the strength and support of the wider Shape Group to deliver even greater results to our industry.
“Shape is extremely excited about adding the capabilities of IT Power to our Shape Energy division. Jason has done an amazing job in growing a successful integrated energy solutions business over the last 20 years, but like many NZ SMEs has hit a ceiling in taking the business to the next level, this is what Shape can do! IT Power has a great record of accomplishment, proven capability, and a range of innovative solutions that make it a perfect fit for Shape. Together we can offer the market a complete one-stop shop in design, build, operate, fund, and maintain solutions in energy and air infrastructure in the NZ market.”
– Andrew Edwards
We are excited to begin this new phase on the journey towards the future of New Zealand’s energy and air infrastructure.