Mill Point Capital Forms Voltaris Power LLC by Acquiring Pioneer Custom Electrical Products and Jefferson Electric

Spire Power Solutions L.P. Acquires V&F Transformer Corporation

August 26, 2021

Manufacturing

Spire Power Solutions L.P., a portfolio company of Mill Point Capital LLC, acquired the assets of V&F Transformer Corporation, a family-owned manufacturer of custom dry‑type transformers based in Elgin, Illinois. The transaction expands Spire's dry‑type transformer offering and strengthens its presence in high‑growth end markets including data centers, electric vehicle/battery charging, and industrial automation.

Mill Point Capital and Sandy Hill Investors Partner with Seviroli Foods and Vertullo Imports

December 1, 2022

Food & Beverage

Mill Point Capital has made a majority investment in Seviroli Foods and Vertullo Imports, with Sandy Hill Investors taking a minority stake alongside the continued ownership and operational roles of Joe Seviroli and Paul Vertullo. The partnership will support growth initiatives, product innovation and expansion of distribution across foodservice, retail and e-commerce channels while maintaining the companies' family-led leadership.

Orion Energy Systems Acquires Voltrek

October 6, 2022

Electrical Services

Orion Energy Systems (Orion Lighting) has acquired Voltrek, LLC, a Massachusetts-based provider of turnkey EV charging station solutions, installation and maintenance services. Voltrek generated approximately $4.8M in 2021 revenue, manages 3,500+ charging ports, and will operate as an independent brand within Orion to enable cross-selling of EV charging services alongside Orion's LED lighting and electrical maintenance offerings.

ERMCO (AECI) Acquires Spire Power Solutions from Mill Point Capital

December 15, 2022

Manufacturing

Electric Research and Manufacturing Cooperative, Inc. (ERMCO), a subsidiary of Arkansas Electric Cooperatives, Inc. (AECI), has acquired Spire Power Solutions L.P. from Mill Point Capital. The deal combines two North American transformer manufacturers to expand production capacity and extend product offerings into renewable energy and data center markets.

United Grid Solutions (Pike) Acquires United Engineers & Constructors' Power Delivery Business Unit from CriticalPoint

June 12, 2024

Energy

Affiliates of CriticalPoint Capital have completed the sale of United Engineers & Constructors Inc.'s Power Delivery business unit to United Grid Solutions, LLC, a subsidiary of Pike Corporation. The Power Generation Group remains with United; Pike will operate the Power Delivery Group to expand its transmission, substation and distribution capabilities across the U.S.

Arcline Investment Management Acquires Electric Power Systems and North American Substation Services

April 21, 2021

Infrastructure

Arcline Investment Management acquired Electric Power Systems (EPS) and North American Substation Services (NASS) from Industrial Growth Partners to create a leading electric infrastructure services platform (now branded Voltyx). Industrial Growth Partners retained a minority stake in the combined business; the deal brings together protection and control engineering, high-voltage apparatus testing, and substation maintenance capabilities to serve utilities, renewable energy, data center and commercial customers.