Case Study

Building a National Platform Around Essential Power Services

Company
Canter Power Systems
Industry
Industrial Services
Partnered
2022
Strategic Acquisitions
8
About

Canter Power Systems is a leading full-service provider of residential standby generators and backup power solutions, offering a fully integrated platform spanning sales, installation, maintenance, and repair services. Headquartered in Greensboro, North Carolina, Canter delivers comprehensive backup power solutions that protect homeowners and businesses from increasingly frequent and disruptive power outages. With a rapidly expanding national footprint and a base of tens of thousands of customers, Canter has built a scalable, customer-focused model that drives meaningful recurring revenue and long-term customer value. Canter has established itself as a category leader and scaled national platform, supported by a proven organic growth engine and disciplined M&A strategy.

 

THE OPPORTUNITY

A large, fragmented market backed by powerful secular tailwinds.

The residential backup power market is a large, multi-billion-dollar segment within the broader home services industry, being reshaped by durable, long-term tailwinds. Increasing grid instability, more frequent and severe weather events, and rising demand on aging electrical infrastructure are making power outages more common and disruptive. These structural shifts are driving sustained market growth, yet the industry remains highly fragmented and dominated by local operators not equipped to serve customers at scale.

 

Canter was well positioned to capitalize on these trends, with a strong foundation as a scalable installer of residential standby generators, supported by a differentiated go-to-market strategy and high-quality OEM relationships. We saw a clear opportunity to partner with the Canter team and invest behind the platform—expanding its comprehensive solution offering, entering new geographies, pursuing strategic add-on acquisitions, and building out service and training capabilities to deliver best-in-class customer service.

 

Our focus has been on transforming Canter into a fully integrated, scaled platform by leveraging its proven processes and playbook in new markets and partnering with leading regional operators to accelerate growth and build a category-defining business.

The challenge
Scaling Canter’s high-touch, locally driven service model nationally requires building the infrastructure, playbooks, and cultural consistency to replicate what works in a few markets across many – without diluting the local brands or the customer experience that defines each brand.

 

The landscape
The residential standby generator market remains underpenetrated and highly fragmented relative to other home services categories, with competition largely limited to local and regional installers lacking multi-market service capabilities—creating an opportunity to build a scaled, full-service platform that leverages a multi-state footprint, purchasing power, and a trained technician base while delivering consistent, high-quality customer service.

THE PARTNERSHIP

Building the organizational foundation to match the market opportunity.

We’re looking for founders ready to professionalize and scale—and we know you’re assessing fit, too. This means honest conversations about goals, capabilities, and what success looks like. When it aligns, our entire team commits alongside you. This includes our deal team led by two Rotunda partners, our value creation team, and operating executive network.

01.  Built the Foundation to Scale

Supporting rapid growth requires building the internal infrastructure to scale. Canter added leadership across finance, sales, and marketing and implemented technology systems to improve data visibility—enabling stronger decision-making and positioning the business to manage increasing scale and complexity.

02.  Expanded into a Full-Service Platform

Transformed from a scalable outsourced installer into a comprehensive, full-service provider by building in-house installation, service, and maintenance capabilities—deepening customer relationships and establishing a recurring revenue base to support long-term growth.

03.  Became the Acquirer of Choice in a Fragmented Market

Completed 8 acquisitions across the Midwest, Northeast, South, and Southeast, expanding geographic reach and installation capabilities—driven by a strong reputation with employees and customers and a disciplined framework for sourcing, evaluating, and integrating targets without compromising service quality or operational consistency.

04.  Diversified the Marketing Engine

Expanded the marketing engine by broadening lead generation channels, expanding channel partner relationships, and building out direct-to-consumer capabilities, while investing in sales and marketing infrastructure to support increased demand—leveraging Canter’s scalable, full-service model to efficiently absorb higher job flow.

FUTURE OUTLOOK

Proven growth platform that is just getting started

We believe Canter is in the middle innings of its growth story, with significant runway still ahead. What began as a regional installation platform has evolved into a premier, full-service provider in its sector—underpinned by best-in-class leadership, a leading sales and marketing engine, and a service model that consistently puts the customer first.

 

Secular tailwinds continue to accelerate, driven by ongoing grid instability and increasing storm activity – and Canter seems to be in a prime position to continue to take share across a largely underpenetrated market.

 

The long-term vision remains centered on building the preeminent national leader in residential power solutions—defined by operational excellence, a fully integrated, data-driven platform, and an unwavering commitment to high-quality customer service.

“One of the amazing things for me personally is we have blown by the goals we set ourselves and are already far beyond where we believed we would be.”

— Brian Lopatka
CEO

This case study is for informational purposes only. The quoted statement reflects the opinion of a portfolio company executive and is not necessarily indicative of the experience of other portfolio companies. No compensation was provided for this testimonial, and there can be no assurance of future results.