OMERS Private Equity Acquires Majority Stake in Knight Commercial

KKR Acquires Majority Stake in ERM from OMERS Private Equity and AIMCo

May 17, 2021

Environmental Services

KKR has signed an agreement to acquire a majority position in Environmental Resources Management (ERM) from OMERS Private Equity and Alberta Investment Management Corporation (AIMCo), with ERM management and Partners remaining minority investors. The transaction, intended to accelerate ERM's growth and broaden its sustainability capabilities and technologies, is expected to close in Q3 2021 subject to regulatory approvals; financial terms were not disclosed.

OMERS Private Equity Makes US$100M Growth Investment in NovaSource Power Services

August 9, 2022

Renewable Energy

OMERS Private Equity has acquired a minority stake in NovaSource Power Services through a US$100 million growth capital investment, alongside NovaSource's leadership team and majority owner Clairvest Group. The proceeds will finance NovaSource's continued growth, capability expansion (including recent acquisition of Heliolytics) and international expansion of its solar operations & maintenance and storage services.

Mill Point Capital Acquires Knight Enterprises

April 14, 2020

Telecommunications

An affiliate of Mill Point Capital has acquired Knight Enterprises, a Clearwater, Florida-based provider of communications infrastructure engineering, construction and maintenance services. Mill Point will partner with CEO Jason Welz and Knight’s existing management team to support platform growth and pursue expansion opportunities across the Southeastern U.S.

OMERS Private Equity Acquires TurnPoint Services from Trivest Partners

November 17, 2020

HVAC & Mechanical

OMERS Private Equity has acquired TurnPoint Services, a Louisville-based provider of HVAC, plumbing and electrical services, from Trivest Partners. The deal expands OMERS' U.S. private equity portfolio with a high-growth, multi-brand residential services platform; terms were not disclosed.

OMERS Private Equity Acquires Majority Stake in Bionic

July 20, 2022

Professional Services

OMERS Private Equity has signed a definitive agreement to acquire a majority stake in Bionic from ECI Partners and the company's founders; ECI and the founders will reinvest alongside OMERS and the Bionic management team. OMERS will provide capital and buy-and-build expertise to accelerate Bionic's organic growth and M&A-driven expansion in the UK and internationally; financial terms were not disclosed and the deal is expected to close by Q3.

OMERS Private Equity Acquires Network Plus from Livingbridge and Management

July 11, 2022

Infrastructure

OMERS Private Equity has agreed to acquire Network Plus, a leading UK utility and infrastructure repair and maintenance provider, from management shareholders and Livingbridge. Network Plus is headquartered in Worsley, Greater Manchester, employs over 5,000 people across 85 regional offices and depots, and OMERS intends to support the company's growth, bolt-on M&A and role in energy transition and decarbonisation.