TRC Companies Acquires Lockheed Martin Distributed Energy Solutions (LM-DES)
November 19, 2019
TRC Companies, supported by private equity sponsor New Mountain Capital, has acquired Lockheed Martin Distributed Energy Solutions (LM-DES). The deal adds just over 400 employees and expands TRC's advanced energy and utility services capabilities across multiple U.S. states, strengthening its distributed energy, efficiency and DERMS offerings.
- Buyers
- TRC Companies, New Mountain Capital
- Targets
- Lockheed Martin Distributed Energy Solutions (LM-DES)
- Sellers
- Lockheed Martin
- Platforms
- TRC Companies
- Industry
- Energy
- Location
- Maryland, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
LightRidge Solutions Acquires Trident Systems
July 17, 2023
Aerospace & Defense
LightRidge Solutions, a portfolio company of ATL Partners, has acquired Trident Systems, a provider of high-performance space electronics and C4ISR solutions. The add-on deal — terms not disclosed — expands LightRidge's capabilities in space mission computing, increases Trident's production capacity, and brings complementary engineering talent into the LightRidge platform.
-
Macquarie Asset Management Takes Minority Stake in D. E. Shaw Renewable Investments (DESRI)
January 13, 2025
Energy
Macquarie Asset Management (via several MAM-managed funds) has completed a previously announced significant minority investment in D. E. Shaw Renewable Investments (DESRI), intended to support DESRI's continued growth across utility-scale solar, wind, and battery storage in the United States. The investment vehicle(s) include Macquarie Global Infrastructure Fund (MGIF), Macquarie Green Energy and Climate Opportunities Fund (MGECO) and Macquarie Energy Transition Infrastructure Fund International (METI), and the total commitment is up to approximately $1.725 billion.
-
LDC Takes Minority Stake in Deltron Group
January 8, 2025
Industrial Services
LDC has taken a minority stake in Deltron Group, the Dudley-based lift maintenance and repair specialist, providing growth capital to support the company's buy-and-build expansion. In the first three months of the partnership Deltron completed five acquisitions as it scales its maintenance, repair and refurbishment platform.
-
TRC Companies Acquires Rampart, a Land Rights Acquisition Firm
April 16, 2025
Engineering Services
TRC Companies, Inc. has acquired Rampart, a Baton Rouge‑based right‑of‑way and land rights acquisition firm. The deal expands TRC's permitting, right‑of‑way and land services capabilities across the utilities, oil & gas and renewable energy markets in the Southern and Mid‑Atlantic U.S.; Morrissey Goodale served as Rampart's exclusive financial advisor.
-
BlueHalo (Arlington Capital Partners) Acquires Design & Development Engineering Services (DDES)
July 6, 2021
Aerospace & Defense
Arlington Capital Partners' portfolio company BlueHalo has acquired Design & Development Engineering Services Corporation (DDES), a space-qualified electronics designer and manufacturer based in Albuquerque, New Mexico. The add-on expands BlueHalo's space hardware and manufacturing capabilities, strengthening its ability to deliver radiation-hardened, high-reliability systems for national security and military space missions.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.