Ara Partners' Aksiom Services Group Acquires Anesco

One Equity Partners Acquires Acteon Group

March 27, 2024

Energy

One Equity Partners, with co-investor Buckthorn Partners, has acquired U.K.-based Acteon Group, a specialist provider of engineering and data-driven services for offshore energy infrastructure. The investors plan to invest in and reposition Acteon to expand its capabilities across survey, foundations, moorings, decommissioning and consulting engineering, with a particular focus on offshore renewables (wind); financial terms were not disclosed.

Aggreko Acquires RenEnergy's UK and South Africa Businesses

January 22, 2024

Energy

Aggreko has acquired the UK and South African businesses of RenEnergy, a specialist provider of commercial and industrial solar PV, energy storage and EV charging/carport solutions. The deal expands Aggreko's renewable energy capabilities and presence in key markets, with RenEnergy continuing to operate under its brand and management teams retained.

Oaktree Acquires Stake in Enercon Services from AE Industrial Partners

February 8, 2023

Engineering Services

Funds managed by Oaktree Capital Management have made a significant investment in Enercon Services, Inc., partnering with management to support the company's growth and strategic plans. AE Industrial Partners sold its stake in Enercon as part of the transaction; terms were not disclosed.

Ara Partners Acquires Majority Interest in Wattstor

February 6, 2023

Renewable Energy

Ara Partners has made a majority growth equity investment in Wattstor, a UK-based provider of automated energy management and battery storage technology. Existing investor janom retains a minority stake; Wattstor will use the funding to expand across Europe, launch an Energy-as-a-Service (EaaS) finance offering, boost R&D and grow the team.

Enercon Services Acquires Ardent Environmental Group

July 12, 2022

Environmental Services

Enercon Services, a portfolio company of AE Industrial Partners, has acquired Ardent Environmental Group, an environmental consulting firm based in Corona, California. The add-on expands ENERCON's Environmental Services Group capabilities—adding Phase I/II site assessments, remediation and monitoring services—and increases its footprint in the Western United States.

Ara Partners and Aksiom Back Management in px Group Buyout from Bluewater

April 29, 2021

Energy

Ara Partners, together with Aksiom Group and px Group management led by CEO Geoff Holmes, has acquired px Group from Bluewater Private Equity. The deal will position px Group to accelerate its role in UK and European energy-transition projects, expand integrated energy services and grow its industrial infrastructure operations including ownership of Saltend Chemicals Park.