Energy Management Services: Key Sectors to Watch

Energy, Power & Infrastructure

EPI Article Energy Mangement LI web-media

Roadway Infrastructure: M&A Across the Ecosystem

EPI Article Roadway Infrastructure Momentum LI web-media

Renewables & Distributed Energy Q1 2025

Technology

Renewables & Distributed Energy Sector Brief LI web-media

Testing, Inspection, Certification & Compliance Q1 2025

Pipette dripping liquid into test tube against a colorful background

Testing, Inspection, Certification & Compliance Sector Brief LI web-media

Environmental Services Q1 2025

Business Services

EPI Sector Brief Environmental Services Q1 2025 LI web-media

Utility Services & Power Products Q1 2025

High voltage towers with sunset background; power lines against the sky

Utility Services LI web-media

Opportunities in the Energy Transition Q1 2025

EPI Energy Management Q1 2025 LI web-media

Outlook 2025 | Energy, Power & Infrastructure

Electrical engineers working on electricity pylon.

Energy, Power & Infrastructure web-media

Utility Services & Power Products Q4 2024

Energy Efficiency: CLEAResult Exemplifies Growth Potential 

EPI Article Energy Efficiency CLEAResult LI web-media

Kohlberg & Company Acquires RESA Power

Mergers & Acquisitions

Utility & Telecom

6921 Kohlberg and Company - RESA Power NT

Frontline Road Safety Acquires InfraStripe

Infrastructure

XXXX Frontline Road Safety - InfraStripe NT

TTSP HWP Acquired by Tikehau Capital

Industrials

Engineering & Construction

General Industrial

6617 TTSP HWP NT

Electro Rent's intellirent Acquired by Sandbrook Capital

Industrial Technology

Environmental Services

6602 intellirent NT

Frontline Road Safety Acquired by Bain Capital

6580 Frontline Road Safety NT

A&M Capital Partners Acquires East Coast Power

Energy Management

6697 A&M Capital Partners - East Coast Power NT SP

Macquarie Asset Management Acquires DynaGrid

6783 Macquarie Asset Management - DynaGrid NT SP

GPRS Forms Strategic Partnership With Roark and Kohlberg

6599 GPRS NT

Nature Infrastructure Capital Closes Single Asset Fund for ECO STOR

Private Capital Solutions

Renewables & Distributed Energy

PCA Nature Infrastructure Capital NT

Good Springs Capital Invested in Tectonic

6741 Good Springs Capital - Tectonic NT SP

GeoStabilization International Acquired by Leonard Green & Partners

Commercial & Industrial Services

6414 GeoStabilization International NT

CLEAResult Receives Majority Investment from Kohlberg & Company

5595 CLEAResult NT

Universal Plant Services’ Rotating Segment Acquired by New State Capital Partners

5962 Universal Plant Services NT

Acuren Acquired by Admiral Acquisition Limited

6482 Acuren NT

Maxima Power Group Acquired by Sunbelt Solomon Services

Utility Services M&A Deal: Harris Williams advised Maxima Power Group on their sale to Sunbelt Solomon.

6368 Maxima Power Group NT

SkyKnight Capital Makes Growth Investment in Ampirical Solutions

6575 SkyKnight - Ampirical Solutions NT SP

Trachte, LLC acquired by nVent Electric plc for $695 Million

Energy Technology

6385 Trachte NT

Insulation Technology Group Acquired by TJC

6109 Insulation Technology Group NT

First Reserve Sells GridTek Utility Services  

6161 GridTek NT

Consor Acquired By New Mountain Capital

6255 CONSOR NT

Voltyx Acquired by Asplundh

6336 Voltyx NT SP

H.I.G. Capital Acquires USA DeBusk

6411 HIG Capital - USA DeBusk NT

PSC Group Recapitalized With TJC

Transportation & Logistics

Third-Party Logistics

Transportation Infrastructure

6246 PSC Group NT

Morgan Stanley Capital Partners Acquires Resource Innovations

6532 Morgan Stanley Capital Partners - BV Investment Partners NT

USA Water Acquired by Levine Leichtman Capital Partners

6141 USA Water Holdings NT

H.I.G. Capital Acquires CHA Consulting

6406 HIG Capital - CHA NT

WRM Companies Acquired by Ridgewood Infrastructure

5916 WRM NT

Systems Control Acquired by Hubbell 

5961 Systems Control NT

Blackstone Acquires Power Grid Components, Inc.

6367 Blackstone - Power Grid Components NT

Saber Power Services, LLC Acquired by Greenbelt Capital Management, L.P.

6038 Saber Power Services NT

MGM Transformer Company Enters Partnership With Neos Partners

5860 MGM Transformer NT SP

Waste Harmonics Merged With Keter Environmental Services

5856 Waste Harmonics NT

RHV Capital's Traffic Control Group & Texas Traffic and Barricade

United States

6130 AWP Inc (Project Wolverine) NT

GME Supply Company Acquired by Incline Equity Partners

Specialty Distribution

5829 GME Supply Co (Project Tiger) NT

DMC Power Acquired by Golden Gate Capital

5800 DMC Power (Project Power) NT

Tower Engineering Professionals

5987 Tower Engineering Professionals NT

Hultec USA

6037 Hultec USA NT

USG Water Solutions

5906 USG Water Solutions (Suez Advanced Solutions Project Leopard) NT

Enercon

5682 Enercon NT

Ardurra Group

5827 Ardurra Group NT

Apex Companies

5887 Apex Companies NT

Versa Integrity Group

Testing, Inspection, Certification & Compliance

5278 Versa Integrity Group NT

USIC

5681 USIC NT

D&H United Fueling Solutions

5574 D&H United Fueling Solutions

Harris Williams advised Terra Millennium Corporation, a portfolio company of Court Square Capital Partners, on its sale to H.I.G. Capital. Terra Millennium is a leading national provider of outsourced industrial maintenance services, including refractory maintenance and other specialized services.

Terra Millennium Corporation

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Harris Williams advised Technical Safety Services, a portfolio company of The Edgewater Funds and JZ Partners, on its sale to Levine Leichtman Capital Partners. Technical Safety Services is a leading provider of testing, inspection, certification, and calibration services to customers in the pharmaceutical, biotechnology, healthcare, and other life sciences end markets.

Technical Safety Services (TSS)

5602_tss_technical_safety_services.png

Harris Williams advised Southwire Company, one of North America's largest wire and cable producers and a preeminent influence in the industrial electrical space, on its acquisition of Novinium Inc., a cable rejuvenation solutions provider focused on electric utilities. 

Novinium

5548 Novinium (Southwire) NT

Harris Williams advised QualTek, a portfolio company of Brightstar Capital Partners, on its merger with Roth CH Acquisition III Co. QualTek is a leading turnkey provider of infrastructure services to the 5G wireless, telecom and renewable energy sectors.

Qualtek

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Harris Williams advised Investcorp on its acquisition of RESA Power, a portfolio company of Blue Sea Capital. RESA Power is a market leader in providing maintenance and testing, systems integration, and related distribution services to customers across the renewables, commercial, and industrial end markets in North America.

RESA Power

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Harris Williams advised TRC Companies, a portfolio company of New Mountain Capital, on its sale to Warburg Pincus. TRC is a leading global consulting, engineering, and construction firm that provides environmentally focused and digitally powered solutions.

TRC Companies

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Harris Williams advised Integrated Power Services (IPS), a portfolio company of Odyssey Investment Partners, on its sale to Searchlight Capital. IPS is a leading provider of electric motor and generator repair services primarily to the power generation, petrochemical, metals, mining, and pulp/paper end markets.

Integrated Power Services (IPS)

4790_integrated_power_services_llc_ips.png

Harris Williams advised Fidelity Building Services Group, a portfolio company of funds managed by Oaktree Capital Management, on its sale to Onex Corporation. Fidelity BSG is a leading provider of technical building solutions for the commercial and industrial facilities market, delivering best-in-class, non-discretionary services through every phase of a building&rsquo;s lifecycle.

Fidelity Building Services Group

5364_fbsg_final.png

Harris Williams advised Owen Equipment Company, a portfolio company of CenterGate Capital, on its sale to Wynnchurch Capital. Owen is a leading specialty equipment platform providing critical infrastructure solutions to municipal, utility and commercial customers throughout the western United States.

Owen Equipment Company

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Harris Williams advised ESG Operations on its merger with Inframark, a portfolio company of New Mountain Capital. ESG provides full-service operation, maintenance, management and consulting services to governmental and private sector entities, principally to support water and wastewater infrastructure.

ESG Operations

5341 ESG Operations NT

Harris Williams advised Riggs Distler & Company, Inc., a portfolio company of funds managed by Oaktree Capital Management, L.P., on its sale to Centuri Group, Inc., a wholly-owned subsidiary of Southwest Gas Holdings, Inc. Riggs Distler is a leading provider of power and utility services throughout the Northeast and Mid-Atlantic regions of the United States.

Riggs Distler

5256_riggs_distler.png

Harris Williams advised Tachyon Communication Services (Tachyon), a portfolio company of MSouth Equity Partners, on its merger with NextEdge, a portfolio company of Bow River Capital. Tachyon is a leading provider of wireless and wireline infrastructure services across the telecommunications field services industry going to market through four affiliates, NIS, Source Broadband, Summitt Cellular and Towersource.

Tachyon Communication Services

5174-tachyon.png

Harris Williams advised ArchKey Solutions (ArchKey), a portfolio company of funds managed by the GFI Energy Group of Oaktree Capital Management, on its significant investment from an affiliate of One Rock Capital Partners. ArchKey is a premier electrical and technologies contracting and services provider.

ArchKey Solutions

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Harris Williams advised Artera, a portfolio company of Clayton, Dubilier & Rice, on its acquisition of Feeney Utility Services Group. Feeney Utility Services Group is a natural gas utility services provider, handling engineering, installation, repair, and maintenance of distribution infrastructure.

Feeney Utility Services Group

5433 Feeney (Artera Services)

Harris Williams advised Qualus Power Services (Qualus), a portfolio company of Mason Wells, on its sale to New Mountain Capital. Qualus is a leading provider of engineering and specialized technical field services to utility and private power grid infrastructure.

Qualus Power Services

4882-qualus.png

Harris Williams advised Arcline Investment Management, a growth-oriented private equity firm, on the creation of a leading electric infrastructure service platform formed by the acquisitions of North American Substation Services and Electric Power Systems from Industrial Growth Partners, who will retain a minority investment in the combined company.

Electric Power Systems and North American Substation Services

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Harris Williams advised Sparus Holdings, Inc. (Sparus), a portfolio company of Source Capital, on its sale to Ridgemont Equity Partners. Sparus and its subsidiaries, Southern Cross and The Spear Group, deliver critical outsourced services to North America&rsquo;s leading utilities.

Sparus

4873-sparus-holdings.png

Harris Williams advised Applied Technical Services (ATS) on its sale to Odyssey Investment Partners. ATS is a premier provider of high quality engineering, testing, and inspection services, with key expertise in metallurgy, materials testing, chemical analysis, non-destructive testing, calibrations, fires and explosions. 

Applied Technical Services

4952 Applied Technical Services (ATS) NT

Harris Williams advised Area Wide Protective (AWP), a portfolio company of The Riverside Company, on its sale to Kohlberg & Company. AWP is a leading provider of traffic-control services and equipment to electric and gas utilities as well as to telecommunications and infrastructure customers.

Area Wide Protective

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Harris Williams advised Inframark, a portfolio company of PPC Enterprises and Alston Capital Partners, on its new partnership with New Mountain Capital. Inframark is an infrastructure services company focused on operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services.

Inframark

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ADB Companies, a provider of end -to-end solutions for the communication, utility, and technology industries and subsidiary of Keeley Companies, has been acquired by Warren Equity Partners.

Overview

Engagements

Insights