Kohlberg Acquires GPRS from CIVC

Kohlberg Acquires GPRS from CIVC

CIVC Partners has sold a majority equity interest in GPRS to Kohlberg & Company with CIVC maintaining a minority equity interest in the business. GPRS provides utility locating and concrete scanning services to utilities, contractors, engineering firms and environmental consultants. The company uses X-Ray and ground-penetrating radar technology to identify subsurface structures prior to the […]

Calera Acquires Thayer Power & Communication

Calera Acquires Thayer Power & Communication

Calera Capital has acquired Thayer Power & Communication, a provider of repair, maintenance, and upgrade services to the utility and telecommunications industries. Thayer’s business operations include electric utility services; fiber placement and wired services; and cell site deployment and wireless services. Thayer, led by CEO Tim Ludlum, was founded in 1964 by David Thayer and […]

ORIX Expands Peak Utility Services

ORIX Expands Peak Utility Services

Peak Utility Services Group, a portfolio company of ORIX Capital Partners since June 2018, has acquired Utility Sales & Service (USS). USS provides electric and water meter reading and maintenance services for investor-owned and cooperative utilities. The company has more than fifty employees and owns a fleet of 60 trucks. USS was co-founded in 1997 […]

EN Engineering Switches Sponsors

EN Engineering Switches Sponsors

Kohlberg & Company has agreed to acquire EN Engineering, a utility services firm, from General Atlantic. General Atlantic acquired a majority equity interest in EN Engineering in July 2015 from CIVC Partners which at that time choose to maintain a minority equity interest in the company. CIVC acquired its interest in EN Engineering in May […]

ORIX Adds Tri-State Utilities

ORIX Adds Tri-State Utilities

Hoffman Southwest, a portfolio company of ORIX Capital Partners, has acquired Tri-State Utilities Company. ORIX acquired Hoffman Southwest from Sterling Partners in February 2017. Tri-State is a regional provider of trenchless repair, rehabilitation, inspection, and other maintenance services to the municipal utility market and has long-term sewer and stormwater contracts with many of its utility […]

Blue Point Acquires W.A. Kendall

Blue Point Acquires W.A. Kendall

Blue Point Capital Partners has acquired W.A. Kendall and Co., a provider of vegetation management services to utility companies in the Southeast United States. W.A. Kendall’s services include tree trimming, mowing, line clearing, debris removal, and storm restoration. Demand for the company’s services is largely driven by regulatory requirements and the necessity to routinely manage […]

CD&R Closes PowerTeam Buy

CD&R Closes PowerTeam Buy

Clayton, Dubilier & Rice (CD&R) has closed its buy of PowerTeam Services, a provider of maintenance and construction services to the utility industries, from Kelso & Company. PowerTeam provides services to maintain, repair, upgrade, and install natural gas and electric distribution and transmission systems. The company’s customers include regulated utilities located in the southeastern and […]

CIVC Sells Peak to ORIX

CIVC Sells Peak to ORIX

CIVC Partners has sold Peak Utility Services Group to ORIX Capital Partners. CIVC acquired Peak (previously Track Utilities) in June 2014. Peak is a provider of utility services to the natural gas, telecom, and electric utility markets in the Pacific Northwest and Intermountain West regions of the United States. The company provides a suite of […]

Partners Group Buys USIC from LGP

Partners Group Buys USIC from LGP

Partners Group has agreed to acquire United States Infrastructure Corporation (USIC), a provider of underground utility locating services, from Leonard Green & Partners which acquired USIC in June 2013 from OMERS Private Equity. USIC specializes in locating pipes and cables for utility customers across the US and Canada. The company employs more than 7,500 technicians […]

Kohlberg Acquires Osmose Utilities Services

Kohlberg Acquires Osmose Utilities Services

Osmose Utilities Services, a provider of engineering services to power utilities and telecommunications companies, has been acquired by Kohlberg and Company from Oaktree Capital Management. Oaktree first invested in Osmose in May 2012. Under Kohlberg ownership, Osmose’s entire executive team will remain intact with the exception of outgoing President and CEO, Larry Larson, who announced […]