Impel Company, backed by Pike Street Capital, has strategically invested in Riverside Inc., enhancing its service capabilities in the electric motor repair and pump services industry.

Target Company Overview

Impel Company, a portfolio entity of Pike Street Capital, has made a strategic investment in Riverside Inc., a company based in Parma, Idaho. Riverside specializes in electric motor repair, pump services, well-drilling, and millwright field services. With a rich history dating back to 1978, Riverside has established a strong presence in Idaho’s agricultural, municipal, and hydropower sectors, showcasing decades of expertise in designing, installing, and maintaining critical water and power-distribution infrastructures. This partnership aims to enhance Impel’s service capabilities across Idaho, Eastern Washington, Nevada, Utah, and California.

Riverside's contributions not only diversify Impel’s service offerings but also align perfectly with the strategic vision of expanding their operational footprint. Impel CEO Doug Staab expressed excitement about the cultural and geographical synergies between the two organizations, emphasizing that these factors were pivotal in their partnership decision.

Industry Overview in the United States

The electric motor repair and pump services industry in the United States is essential for maintaining the infrastructure that supports various sectors, particularly agriculture and hydropower. As demand grows for reliable water and power distribution systems, comp