Utility Services Q4 2025

Energy, Power & Infrastructure

EPI Sector Brief Utility Services Q4 2025 Web Media

Nuclear Power Report: The Path to a New Era

EPI Report Nuclear Market Overview Web Media

TICC Q4 2025

Business Services

Technology

BS EPI TECH Sector Brief TICC Web Media

Utility Services & Power Products Q3 2025

EPI Sector Brief Utility Services Web Media

Environmental Services Report: An Ecosystem of Potential

EPI BS Report Environmental Services Web Media

Smart City Mobility 2H 2025

Industrials

Utility Services & Power Products Q2 2025

EPI Sector Brief Utilities Services Q2 2025 LI web-media

Engineering Services: TTSP HWP and Critical Infrastructure Momentum

IND EPI Article TTSP HWP LI web-media

Engineering: Five Priority Segments for M&A

Closeup of team of industrial engineers meeting analyze machinery blueprints consult project on table in manufacturing factory. Working in manufacturing plant or production plant concept.

EPI Article Engineering M&A Momentum LI web-media

Renewables & Distributed Energy Q2 2025

EPI TECH Sector Brief Renewables & Distributed Energy Q2 2025 LI web-media

Kohlberg to Acquire Loenbro

Mergers & Acquisitions

Infrastructure

Industrial Technology

7331 Loenbro - Kohlberg & Company NT PENDING

United Flow Technologies, a Portfolio Company of H.I.G. Advantage, Acquired by Berkshire Partners 

Energy Technology

Specialty Distribution

6895 United Flow Technologies NT

Wasteology Acquired by SkyKnight Capital 

Commercial & Industrial Services

6888 Wasteology NT

Lindsay Precast to be Acquired by TJC 

Building Products & Materials

Engineering & Construction

Lindsay Precast, a portfolio company of MiddleGround Capital, is being acquired by TJC

6561 Lindsay Precast NT PENDING

Shermco Industries Acquired by Blackstone

Utility & Telecom

6649 Shermco Industries NT PENDING

DMC Power Acquired by Hubbell

Engineered Equipment, Products & Components

6887 DMC Power NT

Advent International Corporation Acquires LayerZero Power Systems

6898 Advent International Corporation - LayerZero Power Systems NT SP

O6 Environmental Acquired by Quad-C Management

Environmental Services

6431 O6 Environmental NT

DCCM Acquired by Court Square Capital Partners

6605 DCCM NT

LS Power Acquires ENGIE Services U.S.

6890 LS Power - ENGIE Services U.S. NT

New Mountain Capital Acquires Site 20/20

Transportation Infrastructure

FW Site 20 20 Tombstone

Heartwood Partners Completes Continuation Vehicle for The Amlon Group

Private Capital Solutions

6669 PCA Heartwood Partners - The Amlon Group NT (1).png

Kohlberg & Company Acquires RESA Power

6921 Kohlberg and Company - RESA Power NT

Frontline Road Safety Acquires InfraStripe

XXXX Frontline Road Safety - InfraStripe NT

TTSP HWP Acquired by Tikehau Capital

General Industrial

6617 TTSP HWP NT

Electro Rent's intellirent Acquired by Sandbrook Capital

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

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

6414 GeoStabilization International NT

Allied Industrial Partners Completes Continuation Vehicle for CES Power

6404 PCA Allied Industrial CES Power 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

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

6385 Trachte NT

SkyKnight Capital Makes Growth Investment in Ampirical Solutions

6575 SkyKnight - Ampirical Solutions NT SP

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

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

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

5450_terra_millennium.png

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

4549_qualtek.png

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

5604_resa_power.png

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

5426_trc_companies.png

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

5365_owen_family_of_companie.png

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

5011_archkey.png

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

Overview

Engagements

Insights