The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Equity Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

Transactions / A•••••••• C•••••••••

M•• P••••••• and P•••••••• P••••••• S••••••• Announce the Acquisition of A•••••••• C•••••••••

Add-on acquisitionannouncedadd-onannounced Aug 22, 2024Fact
What happened
Target
A•••••••• C•••••••••
Platform
P•••••••• P••••••• S•••••••add-on basis: M•• P••••••• (“MPE” or “Morgenthaler Private Equity”), along with its portfolio company P•••••••• P••••••• S••••••• (“P••••••••”), announced today the acquisition of A•••••••• C••••••••• (“A••••••••”).
Control
Control
Share acquired
unknown
Industry
energy / gas, utility
Target location
PA, US
Seller kind
Family
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
9 named
Buy side
  • C••••••••• E••••••Deal partnerconfirmed
    “C••••••••• E••••••, Partner at MPE, added, “The combination of A•••••••• and P••••••••, along with the prior acquisition of SabCon Underground, reaffirms our commitment to creating a leading provider of critical underground services to a diverse utility customer base.”
  • P•••••••• P••••••• S•••••••Platformconfirmed
    “M•• P••••••• (“MPE” or “Morgenthaler Private Equity”), along with its portfolio company P•••••••• P••••••• S••••••• (“P••••••••”), announced today the acquisition of A•••••••• C••••••••• (“A••••••••”).”
  • M•• P•••••••Sponsorconfirmed
    “M•• P••••••• (“MPE” or “Morgenthaler Private Equity”), along with its portfolio company P•••••••• P••••••• S••••••• (“P••••••••”), announced today the acquisition of A•••••••• C••••••••• (“A••••••••”).”
Financing side
  • C•••••••• A•••• M••••••••• L••Lenderconfirmed
    “C•••••••• Asset Management and B•• S•••••• F•••••• provided financing to support the transaction.”
  • B•• S•••••• F••••••Lenderconfirmed
    “C•••••••• Asset Management and B•• S•••••• F•••••• provided financing to support the transaction.”
Advisory side
  • J•••• D••Legal adviserconfirmed
    “J•••• D•• served as legal advisor to MPE.”
Side not stated
  • B•••• B••••••Managementconfirmed
    “B•••• B••••••, Founder and CEO of A••••••••, stated, “I am exceptionally proud of what the entire A•••••••• team has accomplished since the company’s founding over 25 years ago.”
  • M••• C••••••Managementconfirmed
    “M••• C••••••, Chief Executive Officer of P••••••••, said, “A•••••••• has established itself as one of the premier natural gas utility service providers in Pennsylvania and surrounding states.”
  • A•••••••• C•••••••••Targetconfirmed
    “M•• P••••••• (“MPE” or “Morgenthaler Private Equity”), along with its portfolio company P•••••••• P••••••• S••••••• (“P••••••••”), announced today the acquisition of A•••••••• C••••••••• (“A••••••••”).”
Evidence
“M•• P••••••• (“MPE” or “Morgenthaler Private Equity”), along with its portfolio company P•••••••• P••••••• S••••••• (“P••••••••”), announced today the acquisition of A•••••••• C••••••••• (“A••••••••”).”
Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)confidence 80%recorded Sep 15, 2026
M•• P••••••• and P•••••••• P••••••• S••••••• Announce the Acquisition of A•••••••• C•••••• | Private Equity Intelligence | DFX