Aptus Group USA (3 Rivers Capital Portfolio Company) Acquires King Electric

3 Rivers Capital Acquires Aptus Group USA

December 20, 2019

Infrastructure

3 Rivers Capital, a lower middle-market private equity firm, has acquired Aptus Group USA, a Charlotte-based provider of bridge-attached utility repair and maintenance services. The founder, Scott T. Dill, remains CEO as 3RC partners with Aptus to expand its geographic footprint beyond the eastern U.S. and accelerate strategic growth.

Solar Capital Ltd. Acquires Majority Stake in Kingsbridge Holdings LLC

November 3, 2020

Financial Services

Solar Capital Ltd. acquired an 87.5% majority stake in Kingsbridge Holdings LLC on November 3, 2020, investing approximately $216 million (about $136 million of equity and $80 million of debt). The stake was purchased from TZP Capital Partners II, LP and affiliates with Kingsbridge management rolling a portion of their equity; the acquisition expands Solar Capital's specialty finance platform by adding lease origination and asset finance capabilities through Kingsbridge's equipment leasing business based in Lake Forest, Illinois.

The State Group Acquires Ruder Electric

February 12, 2026

Industrial Services

The State Group, a portfolio company of funds managed by Apollo, has acquired Ruder Electric, a Kankakee, Illinois-based electrical contractor. The add-on expands The State Group's footprint into central and northern Illinois and brings Ruder Electric's electrical construction, maintenance, fire, security, communications, utility, and safety systems capabilities (including over 100 union electricians) into the platform.

Aegion Corporation Acquires Portland Utilities Construction Company, LLC

July 31, 2023

Infrastructure

Aegion Corporation acquired Portland Utilities Construction Company, LLC (PUCC), a trenchless pipe rehabilitation and underground utility contractor serving municipal clients across the U.S. Southeast and Texas. PUCC will continue operating under its current name with existing leadership and employees in place, and the acquisition expands Aegion's specialized pipeline rehabilitation capabilities and regional presence.

Arcline Investment Management Acquires Kings III of America from Rockbridge Growth Equity

September 6, 2022

Industrial Services

Arcline Investment Management has acquired Kings III of America, a North American provider of elevator and pool emergency monitoring solutions, from Rockbridge Growth Equity and minority investor Thayer Street Partners. The transaction positions Kings III to leverage Arcline’s industry expertise and drive further growth; financial terms were not disclosed.

Catalyst Clinical Research Acquires Aptus Clinical

May 4, 2022

Healthcare Services

Catalyst Clinical Research, a portfolio company of NovaQuest Capital Management, has acquired U.K.-based Aptus Clinical to accelerate Catalyst's European expansion and broaden its oncology and early-phase clinical services. The deal creates a multi-region CRO operating across North America and Europe, increases Catalyst's patient reach by nearly 600 and lifts combined headcount to more than 800.