ARC Energy Fund 8 Completes Take-Private Acquisition of STEP Energy Services Ltd.

Arcfield Acquires Strategic Technology Consulting (STC)

August 8, 2023

Engineering Services

Arcfield has completed the acquisition of Strategic Technology Consulting (STC), a provider of model-based systems engineering (MBSE) and digital engineering services. STC will operate as a subsidiary of Arcfield and expand Arcfield's digital engineering, MBSE and digital twin capabilities to support government and commercial customers; Arcfield is PE-backed and headquartered in Chantilly, Virginia.

STP Investment Services Acquires Tower Fund Services

November 30, 2021

Financial Services

STP Investment Services has acquired third-party fund administrator Tower Fund Services to expand its alternative asset fund administration capabilities and bring Tower clients onto STP's BluePrint technology platform. The transaction strengthens STP's alternative investing offering and aims to deliver enhanced operational technology and service to Tower's clients.

GEF Capital Partners Invests in Next Step Energy Solutions

January 17, 2024

Energy

GEF Capital Partners has completed a growth investment in Next Step Energy Solutions (NSES), a Littleton, Colorado–based provider of turnkey LED lighting retrofit and tech-enabled energy efficiency services. The investment will help NSES expand its customer base and geographic reach across the United States to meet growing demand for energy efficiency solutions.

TRC Companies Acquires Strategic Energy Group

August 25, 2025

Energy

TRC Companies, a global professional services firm focused on the energy transition, has acquired Strategic Energy Group (SEG), a North American leader in strategic energy management. The acquisition expands TRC’s energy-efficiency and strategic energy management capabilities across utilities, commercial, and industrial customers.

Oaktree Acquires Stake in Enercon Services from AE Industrial Partners

February 8, 2023

Engineering Services

Funds managed by Oaktree Capital Management have made a significant investment in Enercon Services, Inc., partnering with management to support the company's growth and strategic plans. AE Industrial Partners sold its stake in Enercon as part of the transaction; terms were not disclosed.

Macquarie Asset Management Acquires Beauparc Utilities

June 1, 2021

Environmental Services

Macquarie Asset Management, via Macquarie European Infrastructure Fund 6, has agreed to acquire Beauparc Utilities from founder Eamon Waters and Blackstone Tactical Opportunities Fund. Beauparc is a leading waste-to-resource and recycling business operating across Ireland, the UK and the Netherlands, with more than 2,300 employees and a portfolio of about 40 waste facilities; Macquarie intends to invest to grow its circular-economy capabilities.