OWL Services Acquires Dark Horse Enterprises to Expand Mid-Atlantic Fueling Coverage

Jones Capital Recapitalizes Dark Horse Electric

July 31, 2024

Utilities

Jones Capital completed a recapitalization of Dark Horse Electric, a Sunbright, Tennessee-based provider of vegetation management and power line construction services for utilities and public-sector customers. The transaction will provide growth capital and operational support to expand Dark Horse's service capabilities and geographic reach while the company continues to operate from its Sunbright headquarters.

TBWA\Worldwide (Omnicom) Acquires Dark Horses

April 4, 2023

Marketing & Advertising

TBWA\Worldwide, part of Omnicom Group, has acquired Dark Horses, a London-based sports creative agency, to strengthen TBWA's sports and brand-experience capabilities in the UK and globally. Dark Horses, led by CEO Melissa Robertson, will bring specialist sports marketing, sponsorship and creative services to TBWA's collective.

Noble Fueling Solutions (Hidden Harbor) Acquires Dependable Service Company, Inc.

March 11, 2025

Industrial Services

Noble Fueling Solutions, a portfolio company of Hidden Harbor Capital Partners, has acquired the assets of Dependable Service Company, Inc., a Plymouth, Massachusetts-based provider of fuel tank, dispenser and pump installation, maintenance and compliance services. The add-on expands Noble's service footprint and density across the Northeast; financing for the transaction was provided by Capital Southwest Corporation and Main Street Capital Corporation.

Penske Logistics Acquires Black Horse Carriers, Inc.

November 30, 2020

Trucking & Fleet

Penske Logistics has agreed to acquire Chicago-based trucking company Black Horse Carriers, Inc.; financial terms were not disclosed. The acquisition, expected to close December 31, 2020, will expand Penske’s dedicated contract carriage capabilities and integrate Black Horse’s fleet and operations (Black Horse operates ~2,000 vehicles and employs more than 4,000 people).

Parsons Corporation Acquires BlackHorse Solutions, Inc.

July 6, 2021

Aerospace & Defense

Parsons Corporation completed the acquisition of BlackHorse Solutions, Inc. in a transaction valued at $203 million. The deal adds nearly 200 employees and expands Parsons' capabilities and product offerings in cyber, electronic warfare, AI/ML, and information dominance for Department of Defense and Intelligence Community customers.

Arcline Investment Management Invests in Dark Horse Consulting Group

July 30, 2019

Healthcare Services

Arcline Investment Management made a growth investment in Dark Horse Consulting Group to support the company's expansion of cGMP products and services for the cell and gene therapy industry. The capital commitment is intended to accelerate Dark Horse's ability to meet rising client demand across manufacturing, regulatory, and CMC consulting.