LFM Capital Invests in SESCO to Expand Electric Grid Reliability Platform

SEAM Group Acquires Electrical Engineering & Service, Co. (EESCO)

February 10, 2022

Industrial Services

SEAM Group, a PE-backed energized-asset performance platform, has acquired Electrical Engineering & Service, Co. (EESCO), a NETA-accredited electrical power systems testing, commissioning, and maintenance provider headquartered in Holbrook, Massachusetts. The add-on expands SEAM Group's NETA-certified testing and medium-/high-voltage preventive maintenance capabilities across New England and broadens its service offering for switchgear, transformers, protective relays, and related electrical distribution equipment.

LFM Capital Invests in Accelevation LLC

August 30, 2022

Manufacturing

LFM Capital, a Nashville-based private equity firm focused on lower middle market manufacturing and industrial services, has invested in Accelevation LLC, a vertically integrated manufacturing group serving data center, electric vehicle, and robotics markets. Financial terms were not disclosed; the investment will be the third portfolio company in LFM's third fund and is intended to support Accelevation's growth in the high-growth data center market.

LFM-backed PSI Power & Controls Acquires Salient Power Solutions

April 6, 2022

Manufacturing

LFM Capital portfolio company PSI Power & Controls has acquired Salient Power Solutions, a Nunn, Colorado-based manufacturer of switchboards, switchgear, and control-based power solutions. The add-on expands PSI's product offering and access to key end-markets—notably data centers—enabling cross-selling and increased capacity; financial terms were not disclosed.

LFM Capital Acquires SisTech Manufacturing

November 28, 2023

Manufacturing

LFM Capital, a Nashville-based private equity firm focused on lower middle market manufacturing and industrial services, has invested in SisTech Manufacturing, a Bend, Oregon-based contract manufacturer of high-complexity printed circuit board assemblies (PCBAs). The investment makes SisTech the sixth platform company in LFM's third fund and is intended to support growth and operational expansion in defense, aerospace, industrial, and consumer end markets.

Freedom Electronics (Summit Park) Acquires ESCO Services and ESCO Manufacturing

June 8, 2022

Industrial Services

Freedom Electronics, a portfolio company of Summit Park, has acquired ESCO Services, Inc. and ESCO Manufacturing, LLC — aftermarket providers of refurbished electronic parts with locations in Michigan, Colorado, and Florida. The add-on expands Freedom's national footprint and technical capabilities in the retail fueling / petroleum aftermarket, creating a larger supplier of new and remanufactured parts for convenience stores and fueling stations.

LDC Invests in Power Saving Solutions

December 18, 2024

Renewable Energy

LDC, the private equity arm of Lloyds Banking Group, has made a significant growth investment in Mansfield-based Power Saving Solutions to support product development, manufacturing expansion and diversification into new end markets. The investment will back the existing management team and fund R&D, manufacturing capacity increases and commercial growth across sectors such as construction, transport and utilities.