Natural Resources

San Mateo Midstream to acquire EnCap-backed Cardinal Midstream for $752m

Based in Dallas, Cardinal is a midstream energy company that acquires, develops, and operates infrastructure for the oil and gas sector.

New Mountain invests in power engineering firm Commonwealth Associates

The investment will be used by Commonwealth to support its continued growth amid increasing demand for electricity and investment in power infrastructure.

CAI Capital-backed GreenArrow acquires electrical contracting firm HBC Company

Based in East Chicago, Indiana, GreenArrow is a provider of transportation infrastructure services.

Aurelius exits protection relay biz SEG Electronics to Arteche Group

SEG Electronics is an independent manufacturer of protection relays for medium-voltage power grid applications, serving more than 300 customers across more than 50 countries.

'Zombie' funds, unrealized assets, longer hold periods challenge PE model; Technology spending is driving education deals

Also featured is Sentinel's deal to sell NSI Industries to Hubbell Incorporated for $3 bn.

Sentinel sells electrical products maker NSI to Hubbell for $3bn

Sentinel acquired NSI in November 2024.

Platte River Equity scoops up electrical equipment supplier Tallman Equipment Company

This deal marks Platte River’s 100th acquisition since its founding in 2006.