FirePower Private Equity, a division of FirePower Capital, has acquired VRE Systems Inc., a provider of products and services in the horticulture, agriculture and retail industries.
VRE’s product portfolio consists of retail merchandising products, greenhouse curtain systems and conveyance equipment. The firm additionally offers add-on services like installation, repair and maintenance. The firm expects rapid growth as it is a specialist and provider of services from design and fabrication to realization of products in an evolving industry.
“We are excited to have access to FirePower’s depth of expertise to steer the company through its next growth phase,” says John Staios, CEO of VRE. “Their desire to build and support us was evident from our first meeting, and we’re truly excited to capture and deliver on the opportunity in front of us and to become an even bigger part of our customers’ successes moving forward.”