8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): July 9, 2013

Global Power Equipment Group Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware	001-16501	73-1541378
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)

400 E. Las Colinas Boulevard

Irving, Texas 75039

(Address of Principal Executive Offices, Zip Code)

Registrant’s telephone number, including area code: (214) 574-2700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure

Global Power Equipment Group Inc. (“Global Power”) made available an investor information package beginning on July 9, 2013, relating to the acquisition disclosed in Item 8.01 below. The information package may be accessed within the investor relations section of Global Power’s website, http://www.globalpower.com. A copy of the information package is attached hereto and is incorporated herein by reference.

Without limiting the generality of the foregoing, the text of the slide from the information package entitled “Forward Looking Statements” is incorporated by reference into this Item 7.01. The information in this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language contained in such filing.

Item 8.01 Other Events

On July 9, 2013, Global Power acquired the equity interests of privately-owned IBI, LLC, an Idaho limited liability company (“IBI”), for $19.5 million in cash (the “Purchase Price”), subject to working capital adjustments. IBI is a provider of custom power packaging and integration solutions, including switch gear enclosures, generator enclosures and industrial tanks. Global Power funded the Purchase Price through a combination of cash on hand and a $10.0 million draw on its existing revolving credit facility.

Global Power’s press release, issued on July 9, 2013, announcing the acquisition of IBI is filed as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99.1	Presentation
99.2	Press Release, dated July 9, 2013

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 10, 2013

GLOBAL POWER EQUIPMENT GROUP INC.
By:	/s/ Tracy D. Pagliara
	Tracy D. Pagliara
	General Counsel, Secretary and
	Vice President of Business Development

EXHIBIT INDEX

Exhibit Number	Description
99.1	Presentation
99.2	Press Release, dated July 9, 2013

EX-99.1

Exhibit 99.1

GlobalPower IBI Power Acquisition: Expanding Our PCH Offering July 9, 2013 NASDAQ: GLPW www.globalpower.com

Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of that term set forth in the Private Securities Litigation Reform Act of 1995. These statements reflect our current views of future events and financial performance and are subject to a number of risks and uncertainties. Our actual results, performance or achievements may differ materially from those expressed or implied in the forward-looking statements. Risks and uncertainties that could cause or contribute to such material differences include, but are not limited to, decreased demand for new gas turbine power plants, reduced demand for, or increased regulation of, nuclear power, loss of any of our major customers, cost increases and project cost overruns, unforeseen schedule delays, poor performance by our subcontractors, cancellation of projects, competition for the sale of our products and services, shortages in, or increases in prices for, energy and materials such as steel that we use to manufacture our products, damage to our reputation, warranty or product liability claims, increased exposure to environmental or other liabilities, failure to comply with various laws and regulations, failure to attract and retain highly-qualified personnel, volatility of our stock price, deterioration or uncertainty of credit markets, and changes in the economic, social and political conditions in the United States and other countries in which we operate, including fluctuations in foreign currency exchange rates, the banking environment or monetary policy. Other important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in our filings with the Securities and Exchange Commission, including the section of our Annual Report on Form 10-K filed with the SEC on March 7, 2013 titled “Risk Factors.” Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, and we caution you not to rely upon them unduly. .com Global Power 2

IBI Power…. Delivers custom power packaging and integration solutions focused on industrial/distributed power and oil & gas markets Two manufacturing facilities providing geographic reach 58,000 square ft. operation in Caldwell, ID (headquarters location) 105,000 square ft. eastern division fabrication facility in Chattanooga, TN Three primary product categories serving oil and gas industry end markets Packaged control houses Generator enclosures Storage tanks .co

Strategic Fit Direct bolt-on to Koontz-Wagner Broadens market presence Expands capacity Extends geographic footprint Improves product portfolio Generation sets – backup power and distributed generation Tanks – fuel storage for backup power and distributed generation Creates leadership position in growing PCH market segment Energy Efficiency Environmental Power Generation Energy & Natural Gas Energy T&D O&G Processing O&G Gas to Liquids O&G Storage Distributed Power Global Power Today Global Power with IBI Global Power Future com Global Power 4

Strategic Considerations Market opportunities Attractive end markets with strong tail winds Expanded exposure into distributed power, midstream oil & gas Synergies Excess capacity at IBI facilities to fulfill Koontz-Wagner orders Application expertise Niche market – high engineering content and application expertise Margin expansion potential Adds manufacturing expertise for PCH product line Operating leverage potential Acquired from private owner <7.5X TTM EBITDA Global Power 5 m Global Power 3

Customer Landscape Powering Business Worldwide SIEMENS ABB IEM BECHTEL Several major customer relationships complementary to Koontz-Wagner Strengthens positioning with OEMs Strong financial performance March 31, 2013 TTM revenue of $31.1 million Cash purchase price of $19.5 million

EX-99.2

Exhibit 99.2

Global Power 400 E Las Colinas Blvd., Suite 400, Irving, TX 75039

Global Power Equipment Group Announces Acquisition of IBI Power

Establishes Leading Position in Packaged Control House Systems

IRVING, Texas, July 9, 2013 – Global Power Equipment Group Inc. (NASDAQ: GLPW) (“Global Power” and “Company”) reported today that it has acquired privately-owned IBI, LLC (“IBI Power”). IBI Power is a provider of custom power packaging and integration solutions, including packaged control house systems, generator enclosures and industrial tanks. The purchase price of $19.5 million in cash is subject to final working capital adjustments.

“IBI Power and our Koontz-Wagner business represent an ideal synergistic combination. It furthers our reach into midstream oil and gas applications, switchgear OEMs and distributed power. This is the fastest growing area of our business currently and the acquisition immediately provides us additional capacity for this growth,” commented Luis Manuel Ramírez, President and Chief Executive Officer of Global Power.

“With this acquisition, we accomplish our goal of achieving a number one or two position in the solutions we offer for the packaged controls business,” concluded Mr. Ramírez.

Headquartered in Caldwell, ID, IBI Power had approximately $26.6 million of revenue in 2012. IBI Power has approximately 150 employees between the two facilities in Caldwell, ID and Chattanooga, TN.

About Global Power

Texas-based Global Power Equipment Group Inc. is a design, engineering and manufacturing firm providing a broad array of equipment and services to the global power infrastructure, energy and process industries. Through its Services Division, the Company provides on-site specialty support, outage management and maintenance services to domestic utilities’ nuclear power facilities; and lifecycle maintenance and repair support services to customers in the industrial gas markets. Through its Products Division, the Company designs, engineers and manufactures a comprehensive portfolio of equipment for gas turbine power plants and power-related equipment for industrial operations, with over 40 years of power generation industry experience. With a strong competitive position in its product lines, the Company benefits from a large installed base of equipment in domestic and international markets. The Company routinely provides information at its website: www.globalpower.com.

Forward-looking Statement Disclaimer

This press release contains “forward-looking statements” within the meaning of that term set forth in the Private Securities Litigation Reform Act of 1995. These statements reflect our current views of future events and financial performance and are subject to a number of risks and uncertainties. Our actual results, performance or achievements may differ materially from those expressed or implied in the forward-looking statements. Risks and uncertainties that could cause or contribute to such material differences include, but are not limited to, decreased demand for new gas turbine power plants, reduced demand for, or increased regulation of, nuclear power, loss of any of our major customers, cost increases and project cost overruns, unforeseen schedule delays, poor performance by our subcontractors, cancellation of projects, competition for the sale of our products and services, shortages in, or increases in prices for,

Global Power Equipment Group Announces Acquisition of IBI Power

July 9, 2013

Page 2 of 2

energy and materials such as steel that we use to manufacture our products, damage to our reputation, warranty or product liability claims, increased exposure to environmental or other liabilities, failure to comply with various laws and regulations, failure to attract and retain highly-qualified personnel, volatility of our stock price, deterioration or uncertainty of credit markets, and changes in the economic, social and political conditions in the United States and other countries in which we operate, including fluctuations in foreign currency exchange rates, the banking environment or monetary policy. Other important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in our filings with the Securities and Exchange Commission, including the section of our Annual Report on Form 10-K filed with the SEC on March 7, 2013 titled “Risk Factors.” Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, and we caution you not to rely upon them unduly.

Investor Relations Contact:

Deborah K. Pawlowski

Kei Advisors LLC

(716) 843-3908

dpawlowski@keiadvisors.com