The Toronto-based firm forms Northridge Infrastructure Solutions and closes on first buy
Northridge Infrastructure Solutions is a newly formed platform that is focused on acquiring companies that are active in servicing utility transmission and distribution infrastructure across North America.
April 8, 2026|John McNulty
Imperial Capital Group has launched Northridge Infrastructure Solutions, a newly formed platform focused on servicing utility transmission and distribution infrastructure across North America.
In tandem with the launch of Northridge, the platform has closed on its first acquisition with the buy of Aerial Solutions, a North Carolina-based provider of helicopter-based vegetation management for utilities, pipelines, railroads, and government agencies. The company’s current service footprint spans two dozen states across the Midwest, Southeast, and Mid-Atlantic.
Aerial Solutions primary activity is right-of-way side trimming using its fleet of helicopters equipped with aerial power saws that cut vegetation from canopy to ground level, allowing operators to maintain lateral clearances in difficult-to-access terrain with limited disruption to wetlands and other sensitive areas. In addition to trimming, the company uses its helicopters to lift and place equipment or materials (external load work), inspect infrastructure such as power lines and pipelines (aerial patrols), cut larger trees with a grapple saw, and assist utilities in clearing damage and restoring service after storms.
Future acquisitions for the Northridge platform will include companies providing aerial utility services such as transmission line inspection, aerial vegetation management, and construction support; field services companies that provide ground-based vegetation management and right-of-way clearing; and engineering services companies that provide structure inspection and assessment, engineering design support, and technology-enabled data reporting.
Ivan Peytchev
“We see a compelling and durable opportunity in utility infrastructure services. North America’s electrical grid is aging, increasingly complex, and under mounting pressure from greater load demand, grid hardening mandates, and the energy transition. Utilities need dependable, specialized service partners more than ever. Northridge is designed to be exactly that partner,” said Ivan Peytchev, a partner at Imperial Capital. “Imperial Capital has a proven track record of building industry-leading platforms in essential service sectors, and we see a tremendous opportunity to do the same in utility services.”
“Our flexible acquisition model is designed to meet owner-operators where they are,” added Mr. Peytchev. “Understanding their objectives, combined with Imperial Capital’s experience investing in essential services sectors and deep industry knowledge, has Northridge well-positioned to build a differentiated, industry-leading utility services platform.”
Imperial Capital Group invests from $50 million to $150 million of equity in healthcare, business and consumer services companies that have EBITDA from $0 to $30 million. The firm is currently investing from its 2021 $800 million Fund VIII. Since its founding in 1989, Imperial has closed investments in 31 platforms and 259 add-on acquisitions.
Emilio Mitrovic
“Imperial Capital has developed deep expertise in partnering with founder- and owner-operated businesses in essential services industries, and we see an increasing opportunity to support and scale these service providers to help them meet the growing demands of their utility customers,” said Emilio Mitrovic, a vice president at Imperial Capital. “Northridge will invest meaningfully in technology, people, and capabilities to build a premier partner for utilities navigating the demands of an increasingly complex grid.”
In tandem with the launch of 
