Concentric

What Concentric does

Concentric, LLC is a Carrollton, Texas-based national industrial power services company operating as a subsidiary of OnPoint Group. Founded in 2000 and active for more than 25 years, it bills itself as the nation's largest forklift power provider and serves more than 250 material-handling facilities alongside customers in data centers, utilities, communications, petrochemical, and manufacturing. Its core offerings span forklift power (batteries, chargers, automation, managed service), critical power (UPS, backup generators, switchgear), energy storage (1-15MW BESS, microgrids, demand response), and on-site maintenance (material handling, automation, mechanical/HVAC). Trademarked proprietary systems include PowerHIVE, an automated forklift battery-swap platform that has completed more than 250,000 exchanges across more than 200 facilities; GuaranteedPOWER, a fixed-fee managed power program; ConcentricCare, a proactive battery maintenance service; RAAMS, a remote monitoring and analytics platform; and GuaranteedLIFT, a dedicated on-site maintenance program with guaranteed uptime.

Concentric generates revenue through a mix of long-term managed-service subscriptions (3-6 year contracts under GuaranteedPOWER and GuaranteedLIFT, with a stated 98% retention rate), one-time equipment sales (batteries, chargers, UPS, switchgear), project-based critical-power and energy-storage installations, and recurring maintenance and monitoring subscriptions. Pricing is quote-based and not publicly disclosed; the subscription stream emphasizes fixed monthly cost per forklift covering equipment, maintenance, repairs, and replacements. Distribution is exclusively direct, with national enterprise field-sales teams and regionally deployed technician fleets. Headcount includes more than 200 dedicated on-site technicians and more than 100 critical-power engineers, technicians, and project managers.

Since 2021 Concentric has executed an aggressive acquisition roll-up, completing at least twelve deals that have added geographic coverage (Hawaii, Southwest, Northeast, Mid-South, Texas, West Coast), new service capabilities (DC power construction, UPS distribution, communications power, precision cooling), and brand-retention subsidiaries such as Retech, Jantech, CPS, and CCI. The company also expanded its energy storage business beginning in 2017, delivered its first utility-scale ESS in 2018, and has grown the PowerHIVE installed base alongside a string of industry awards. Operating geographies are exclusively US-based, with no disclosed international footprint.

Name

Concentric

Legal name

Concentric, LLC

Website

https://thenmsgroup.com

Company type

Private

Founded year

2000

Operating status

Operating

Short description

Concentric is a US national industrial power services provider delivering forklift power, critical power, energy storage, automation maintenance, and mechanical/HVAC solutions to enterprise customers in material handling, data centers, utilities, communications, and industrial sectors.

Ownership category

akta.pro rank

Product category

Industrial Power Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Administrative and Support Services (561)

SIC

Industrial Trucks, Tractors, Trailors & Stackers (3537), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Electric & Other Services Combined (4931)

akta.pro primary industry

I&C / Controls & Automation Commissioning (DCS/PLC/SCADA) (EUAEAJAD)

Keywords

• Forklift power management
• Critical power services
• Battery energy storage
• Industrial maintenance services
• Microgrid solutions

Headquarters

HQ city

Carrollton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Managed Power Services (GuaranteedPOWER®): Fixed monthly fee structure covering complete forklift power management including equipment, maintenance, repairs, and replacements over 3-6 year contract terms. Revenue recognized over contract duration with emphasis on long-term client retention.
2. Maintenance and Service Contracts: Ongoing maintenance services for material handling equipment and automation systems delivered through dedicated on-site technicians. Includes preventive maintenance, emergency repairs, and planned maintenance programs.
3. Critical Power Equipment and Services: Equipment sales and installation services for UPS systems, backup generators, battery systems, switchgear, and mechanical/HVAC systems for mission-critical facilities.
4. Energy Storage Solutions: Battery energy storage systems (BESS), microgrids, and distributed energy resource management for utilities, industrial, and data center customers. Systems typically 1-15MW scale.
5. Power Assessment and Consulting: Operational and power assessments for forklift fleets and critical power infrastructure, typically provided as entry point to long-term service relationships.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels9 records

Core offering

Concentric is a national industrial power services company that delivers forklift power management (batteries, chargers, the PowerHIVE automated battery swap system, and the GuaranteedPOWER managed-service program), critical power infrastructure (UPS systems, backup generators, battery energy storage systems and microgrids), and on-site material-handling and automation maintenance for enterprise customers across the US. Its core revenue comes from multi-year (3-6 year) managed service contracts that bundle equipment, monitoring via the RAAMS platform, on-site technicians, and guaranteed uptime commitments for distribution centers, data centers, utilities, communications networks, and industrial facilities.

Product overview

Concentric is a national industrial power services company offering an integrated portfolio of forklift power, critical power, and automation maintenance solutions. The core product portfolio includes PowerHIVE™ (automated battery management system), GuaranteedPOWER® (comprehensive forklift power management program), and ConcentricCare℠ (proactive battery maintenance), supported by RAAMS® and FieldConnect monitoring platforms. Critical power offerings encompass UPS systems, backup generators, energy storage systems (1-15MW BESS), microgrids, and mechanical/HVAC services. The company serves data centers, utilities, communications, industrial, and material handling sectors with both equipment and lifecycle services. Recent innovations include PowerHIVE™ achieving 250,000+ automated battery swaps, and the company has been expanding through acquisitions (Critical Components Inc., Communication Power Solutions, Jantech, Retech, etc.).

Differentiator

Problem solved

Functional benefit

Brands

• PowerHIVE™: Automated forklift battery swap system that delivers a zero interruption power experience. Launched in 2022, it enables 2-minute autonomous battery swaps.
• GuaranteedPOWER®
• ConcentricCare℠
• RAAMS®
• GuaranteedLIFT™
• FleetPOWER™

Products and services

• PowerHIVE™ Automated forklift battery swap system that autonomously exchanges batteries in approximately 2 minutes, eliminating downtime and operator intervention. Supports lithium-ion and lead-acid chemistries and is deployed across 200+ facilities nationwide.
• GuaranteedPOWER® Comprehensive forklift power management program offering all-inclusive battery, charger, maintenance, and replacement services for a fixed monthly fee. Targets 30% average reduction in total cost of ownership with proactive monitoring, on-site technicians, and guaranteed uptime over 3-6 year contract terms.
• ConcentricCare℠ Proactive forklift battery maintenance service including inspections, diagnostics, watering, washing, charger testing, voltage and cell readings, and consolidated reporting. Captures battery health data through RAAMS to support strategic fleet planning and reduce maintenance workload.
• RAAMS® Remote Asset and Activity Monitoring System Real-time battery and power monitoring and analytics platform that tracks usage patterns, identifies performance gaps, and generates predictive maintenance and proactive planning insights across the deployed asset base.
• Energy Storage Systems (ESS) / Distributed Energy Battery energy storage systems (BESS) typically 1-15MW including microgrids, distributed energy resource (DER) management, and virtual power plant (VPP) enablement for utilities, industrial customers, and data centers.
• Critical Power Services Comprehensive critical power infrastructure services including UPS systems, backup generators, switchgear, electrical distribution, preventive maintenance, and 24/7 emergency support for data centers, healthcare, communications, and industrial operations.
• Mechanical & HVAC Services Full mechanical services including HVAC, chillers, cooling towers, boilers, air handling units (AHU), and CRAC/CRAH systems for commercial and industrial facilities nationwide, including data center precision cooling delivered via the CCI acquisition.
• Automation Maintenance Warehouse automation maintenance services for ASRS, AGV, conveyors, pallet shuttles, and AutoStore systems, including predictive diagnostics and IoT-enabled monitoring to detect failures before they disrupt operations.
• GuaranteedLIFT™ Guaranteed uptime program with fixed monthly cost using existing fleet equipment. Includes on-site maintenance technicians, tailored solutions, quarterly business reviews, and spare equipment availability for peak requirements.
• Forklift Batteries Lead-acid, lithium-ion, and TPPL (Thin Plate Pure Lead) forklift batteries in various configurations for different applications and usage patterns, sold as standalone products with brand-independent selection.
• Forklift Chargers Industrial battery chargers for forklift power systems including fast and opportunity charging solutions compatible with both lithium-ion and lead-acid battery technologies.
• Environmental & Safety Products Spill containment systems, portable battery wash stations, neutralizers, absorbers, spill kits, PPE, safety kits, and tools for battery maintenance safety and EPA/OSHA compliance.
• Demand Response Program Program that pays businesses for adjusting energy use during grid peak demand times, helping align power usage with utility needs and creating an additional revenue stream for participating customers.
• Clean Fuels Program Clean Fuels Standard programs for Oregon, Washington, and California that allow customers to earn cash incentives by using EV equipment, generating revenue from federal energy credit incentives.

Quantifiable outcome

• 30% average reduction in cost of ownership for GuaranteedPOWER customers
• +8 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature5 records

Partnerships

One partnership is on record.

• Critical Components Inc. (CCI)coreStrategic or Co-development Partner · 6 January 2026Acquisition strengthening Concentric's nationwide data center capabilities with expanded critical power and precision cooling expertise. Extends service offerings in critical infrastructure for data center operations.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• EnerSys: EnerSys is a global leader in stored energy solutions for industrial applications, manufacturing industrial batteries, power equipment, and offering managed services for forklift and motive power fleets — directly competing with Concentric in industrial battery distribution and service. EnerSys recognized Concentric as 'Representative of the Year' in 2024, confirming their overlap as channel partner/competitor in the same product category.
• East Penn Manufacturing: East Penn is a leading manufacturer of lead-acid batteries (Deka brand) for automotive, commercial, and industrial applications including material handling and motive power. It competes directly with Concentric in supplying forklift batteries, chargers, and related power equipment to distribution and industrial customers.
• BDI (Battery Distribution Inc.): BDI is a leading industrial battery and power solutions distributor specializing in forklift batteries, chargers, DC power, and related services. As a similar mid-market industrial power distributor and service provider, BDI competes head-to-head with Concentric's core motive power business across the US.
• Raymond Corporation: Raymond is a major US forklift manufacturer and intralogistics solutions provider offering forklifts, power solutions, and fleet management services. Its integrated power and service offerings compete with Concentric's GuaranteedPOWER and on-site maintenance programs in distribution centers.
• Crown Equipment Corporation: Crown Equipment is a leading global forklift manufacturer offering electric forklifts, lithium-ion power systems, and connected fleet management services. Its energy and service offerings overlap with Concentric's managed power and battery management solutions for material handling customers.
• Vertiv Holdings: Vertiv is a major provider of critical digital infrastructure including UPS systems, thermal management, and IT management for data centers and communications networks. It competes directly with Concentric's Critical Power division in mission-critical UPS, switchgear, and precision cooling for data centers.
• Fluence Energy: Fluence is a global leader in utility-scale and commercial battery energy storage systems, microgrids, and integrated energy services. It competes with Concentric's 1-15MW BESS and microgrid offerings for utility and industrial energy storage customers.

Broad incumbents

• Generac Power Systems: Generac is a leading manufacturer of backup generators, power systems, and energy storage solutions for residential, commercial, and industrial customers. Its industrial power and energy storage portfolio overlaps with Concentric's critical power and BESS offerings, though it serves a broader market.
• Eaton Corporation: Eaton is a global power management company offering UPS systems, switchgear, power distribution, and industrial controls. It is a broad incumbent in critical power infrastructure with overlapping capabilities to Concentric's mission-critical and data center services.

Regional players

• Sunbelt Industrial Trucks: Sunbelt Industrial Trucks (part of Sunbelt Rentals) provides forklift rentals, material handling equipment, and related services across the US. It overlaps with Concentric's on-site material handling maintenance and GuaranteedLIFT programs, though its primary focus is equipment rental rather than managed power services.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCMM-bodSmDkQ3ZDTH4HXmww
• LinkedInlinkedin.com/company/concentricusa
• Instagraminstagram.com/concentricllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concentric