Greenbelt Capital Leads Acquisition of Saber Power Services from Oaktree

Blackstone to Acquire Sabre Industries from The Jordan Company

April 13, 2021

Manufacturing

Blackstone (via its energy-focused funds, Blackstone Energy Partners) has agreed to acquire Sabre Industries, Inc. from The Jordan Company. Sabre, based in Alvarado, Texas, is a manufacturer of engineered overhead steel poles, towers, battery storage solutions and related services for utility and telecom end markets; it will remain an independent Blackstone portfolio company with management and employees staying in place and investing alongside Blackstone.

Saber Power Services Acquires Bath Group, Inc.

July 13, 2023

Engineering Services

Saber Power Services, LLC acquired Bath Group, Inc., an engineering and consulting firm headquartered in Corpus Christi, Texas. The deal expands Saber's engineering capabilities and Texas Coastal Bend presence, adding coverage in markets including El Paso, Tulsa and Albuquerque while doubling Saber's engineering capacity.

Saber Power Services Acquires inoLECT, LLC

May 13, 2025

Industrial Services

Saber Power Services, a portfolio company of Greenbelt Capital Partners, has acquired inoLECT, LLC, an electrical engineering and field services firm headquartered in Baton Rouge, Louisiana. The add-on expands Saber Power's presence in Louisiana, enhances its engineering-led capabilities, and adds proprietary technology such as the inoRAC remote racking system.

Oaktree Leads $250M Investment in Priority Power

September 1, 2021

Energy

Funds managed by Oaktree Capital Management, together with other institutional investors, are making a $250 million investment in Priority Power, an independent energy services provider focused on decarbonization and grid solutions. Ara Partners, Priority Power's financial sponsor since 2019, will remain an owner as the capital is used to accelerate deployment of renewable generation, battery storage and other smart energy solutions across North America.

Apollo Acquires PowerGrid Services from The Sterling Group

July 2, 2025

Industrial Services

Apollo has completed the acquisition of PowerGrid Services from The Sterling Group and other existing investors. PowerGrid is a national provider of electric utility maintenance and construction services with more than 1,700 in-house professionals operating across 35 states; Apollo will partner with management and existing investors to support the company’s continued growth and grid modernization efforts.

The Jordan Company Acquires Sabre Industries from Kohlberg

March 18, 2019

Manufacturing

The Jordan Company, L.P. (TJC) has entered into a definitive agreement to acquire Sabre Industries, Inc. in partnership with Sabre's existing management from Kohlberg Investors VII (managed by Kohlberg & Company). Sabre, a leading U.S. manufacturer of engineered structures for electric transmission and wireless communications, operates five manufacturing facilities and approximately 2,400 employees; TJC intends to support operational improvements, organic growth and add-on acquisitions.