International Equipment Solutions Appoints Stephen Andrews as CEO
International Equipment Solutions, LLC (IES) has named Stephen Andrews as its CEO. Andrews was previously president and CEO of Pettibone LLC, the parent company of 14 diversified global industrial businesses.
IES, through its Paladin and Crenlo business units, is a global engineered equipment company serving the construction, agriculture, landscaping, infrastructure, recycling, demolition, mining and energy markets. IES is owned by KPS Capital Partners, LP, a private equity firm with more than $2.7 billion of assets under management, which formed the company in September 2011.
“I am thrilled to lead International Equipments Solutions. IES’s acquisitions of Paladin and Crenlo are just the first steps in the creation of an international engineered equipment manufacturer with leading brands and a strong reputation for quality, durability, delivery, support and continual product innovation,” says Andrews. “I look forward to working with the Paladin and Crenlo associates to provide our customer base with world-class service, and to grow IES worldwide both organically and through acquisitions.”
Prior to joining Pettibone in 2007, Andrews spent thirteen years in various domestic and international positions with Hendrickson International. He is a graduate of the University of Michigan.
Source: (Jan. 23, 2012) Construction & Demolition Recycling
About International Equipment Solutions
International Equipment Solutions LLC is a global engineered equipment company serving the construction, agriculture, landscaping, infrastructure, recycling, demolition, mining, and energy markets. IES operates through two primary business units: Paladin, a manufacturer of engineered attachment tools for operator-driven equipment, and Crenlo, a leading manufacturer of cab enclosures for operator-driven equipment as well as specialty electronic enclosures.
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