USIC (affiliate) Acquires Utility Resource Group (URG)

USIC Acquires Heath Consultants' 811 Locate Services Division

July 15, 2025

Infrastructure

USIC, a national leader in underground utility locating services, has acquired the 811 Locate Services Division of Heath Consultants. Heath, a Houston-based family-owned methane emissions management company, divested the division to sharpen its focus on methane detection and related technologies; Westlake Securities served as exclusive financial advisor to Heath.

Blood Hound Inc. (USIC affiliate) Acquires Subsurface Utility Imaging

January 28, 2021

Engineering Services

Blood Hound Inc., an affiliate of USIC, LLC, acquired Subsurface Utility Imaging (SUI), a Utica, New York–based provider of underground utility locating, concrete imaging and pipeline inspection services. The deal expands Blood Hound's service capabilities (manhole inspections, CCTV inspections and smoke testing) and strengthens its coverage in the Northeast and Mid‑Atlantic regions.

USI Consulting Group Acquires Burke Group

January 16, 2024

Wealth Management

USI Consulting Group (USICG), a national retirement plan consulting and benefits administration firm and a subsidiary of USI Insurance Services, has acquired Burke Group, a Rochester, New York-based retirement plan advisory and actuarial firm. Burke will join USICG but will exit its compensation consulting business as part of the transaction; terms were not disclosed.

Sparus Holdings Acquires United Locating Services

November 29, 2022

Industrial Services

Sparus Holdings, a portfolio company of Ridgemont Equity Partners, has acquired United Locating Services (ULS), a utility locating and damage prevention services provider with operations across the Midwest and Southwest. ULS's leadership team will remain in place to run the business within the Sparus platform; terms were not disclosed.

Kohlberg & Company Acquires 50% Stake in USIC; Partners Group Retains 50%

August 10, 2022

Infrastructure

Kohlberg & Company is acquiring a 50% stake in United States Infrastructure Corporation (USIC) while Partners Group will retain a 50% co-lead interest; funds managed by Neuberger Berman also joined the investment. The transaction values USIC at an enterprise value of USD 4.1 billion — USIC is a leading provider of utility locate services headquartered in Indianapolis with ~9,000 technicians performing roughly 80 million locates per year. The investors plan to support further growth through investments in sales and digital capabilities to capture demand driven by infrastructure stimulus and 5G densification.

Energy New England Acquires Utility Services Inc.

June 15, 2020

Energy

Energy New England LLC (ENE) has acquired Utility Services Inc. (USI), a Waterbury, Vermont–based provider of NERC-related regulatory, reliability and security advisory services. USI will operate as a wholly owned subsidiary of ENE, expanding ENE's service offering to provide a coordinated suite of compliance, reliability and cybersecurity services for public power utilities and private-sector energy providers.