LAKE MARY, FL—February 22, 2022—Qualus Power Services, LLC (“Qualus”), a leading provider of power engineering and technical field services, announced the appointment of Dr. Hisham Mahmoud as Chairman of the Board of Directors and Chief Executive Officer.
“We are excited to welcome Hisham to Qualus,” said Lars Johansson, Managing Director at New Mountain Capital, the majority owner of Qualus. “Hisham is an accomplished and highly respected executive whose career spans more than 30 years in the engineering, consulting, and infrastructure services industry.”
Dr. Mahmoud will continue to serve as non-executive Chairman of the Board of Cumming Group – a leading international project management and cost consulting firm. He most recently served as Global President & CEO of Golder, a leading global engineering & consulting firm which was recently acquired by WSP. Prior to Golder, Dr. Mahmoud held executive leadership roles at several companies in the industry, including serving as President of the global Infrastructure division of SNC-Lavalin, Group President at AMEC, and Group General Manger at URS. He is a registered Professional Engineer and earned a Ph.D. in Civil Engineering from Arizona State University.
“Hisham is a recognized thought leader, culture builder, and an accomplished strategist, and we are excited to be partnering with him to lead Qualus through the company’s next phase of growth,” said Joe Walker, Managing Director at New Mountain. “He has successfully led large, complex businesses and has consistently delivered extraordinary results. Hisham’s background supports our strategic plans to back the Qualus team to significantly grow and scale in the years to come.”
“I am excited to join Qualus and partner with its talented and highly skilled professionals to build on the company’s strong track record of growth and delivery of best-in-class quality service to its clients,” said Dr. Mahmoud. “With its leading market position and differentiated capabilities, Qualus is well positioned for growth as it supports the modernization of the electric power infrastructure, decarbonization of the economy, and the broader energy transition.”
About Qualus Power Services
Qualus Power Services is a leading provider of specialized engineering and technical field services. Qualus plays a vital role in the modernization of the electric power infrastructure, decarbonization of the economy, and the broader energy transition. Qualus’ team of highly skilled technical professionals provides high quality end-to-end services to clients across the U.S. www.qualuspowerservices.com
About New Mountain Capital
New Mountain Capital is a New York based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages funds with over $35 billion in assets under management. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit https://www.newmountaincapital.com/.
Contacts
For Qualus Power Services:
For media inquiries:
DeAnn Gurney
Marketing and Communications
321-244-0170
For New Mountain Capital:
Dana Gorman / Matthew Butler
Abernathy MacGregor
212-371-5999