Evolution Strategy Partners Acquires Amped Electric

Amped Electric Acquires LEED Electric

March 17, 2025

Electrical Services

Amped Electric, a portfolio company of Evolution Strategy Partners, has acquired LEED Electric, Inc. The owners, Theresa and John Gilmer, sold the business as part of their retirement plan; John Gilmer will remain to support a smooth transition while LEED leverages Amped's resources to continue serving customers and grow.

Princeton Equity Group Makes Strategic Investment in Amped Fitness

January 15, 2026

Healthcare Services

Princeton Equity Group has made a strategic growth investment in Amped Fitness, a Pompano Beach, Florida–based high-value, low-price fitness chain that operates 35 locations and serves over 180,000 members. The capital will support Amped's continued U.S. club expansion, enhancements to the in-club experience, and broader scaling of the platform; financial terms were not disclosed.

Integrated Power Services Acquires Evans Enterprises, Inc.

December 20, 2022

Industrial Services

Integrated Power Services (IPS) has acquired Evans Enterprises, Inc., adding all eight Evans service locations to IPS's North American network. The acquisition expands IPS's geographic footprint across the South-Central United States and enhances its electromechanical, power management, and rotating equipment service capabilities.

Longbow Capital Makes Growth Investment in Amped Up Power Solutions

October 7, 2022

Energy

Affiliated funds of Longbow Capital Inc. closed an investment in Amped Up Power Solutions, acquiring debentures, rights to purchase additional debentures, and an equity kicker that results in a substantial minority stake. The financing will support Amped Up’s deployment of cleaner on-site power and microgrid integrations for oil and gas well sites as customers shift away from diesel power.

A&M Capital (AMCP III) Acquires Majority Stake in East Coast Power

January 23, 2025

Utilities

Alvarez & Marsal Capital Partners Fund III (AMCP III), through an affiliate of A&M Capital, signed a definitive agreement to acquire a majority stake in East Coast Power (ECP), a fast-growing electric utility services provider headquartered in Albany, New York. The partnership will fund ECP's national expansion through organic growth and strategic M&A while founder Darren Donohue remains a large shareholder and operating executive.

Evolution Strategy Partners Recapitalizes Allied Underground, LLC

August 24, 2021

Industrial Services

Evolution Strategy Partners completed a recapitalization of Allied Underground, LLC to support the company’s next phase of growth. Allied Underground, a Bertram, Texas-based underground water, wastewater and storm sewer construction contractor, will retain founder Leonard Meredith as CEO and receive capital for equipment, personnel, and expansion in the greater Austin market.