Sundog Capital Forms Stryker Electric Platform with Acquisition of Stryker, Edge Electric and Bay Area Electric

General Atlantic Credit, Blackstone and Morgan Stanley Invest $425M in Buyers Edge Platform

April 8, 2024

Food & Beverage

Buyers Edge Platform secured a $425 million preferred equity investment led by General Atlantic Credit’s Atlantic Park fund, alongside Blackstone Tactical Opportunities and Morgan Stanley Tactical Value. The financing will fund platform innovation, strategic M&A and European expansion; institutional investor Bregal Sagemount will exit its minority stake while founder John Davie increases his majority ownership.

BDC Capital and Investor Group Back Kroon Electric to Form BCES Global; Platform Acquires Three U.S. Electrical Contractors

June 13, 2024

Electrical Services

BDC Capital’s Growth Equity Partners Fund II and an investor group led by George Fechter provided significant growth capital to Kroon Electric Corp., enabling the creation of Canada‑headquartered BCES Global. Concurrent with the investment, BCES Global (with Kroon management) acquired three U.S. electrical services businesses—Bopat Electric Co., Transworld, Inc., and Sabino Electric—to establish a North American consolidation platform focused on recurring preventive electrical maintenance and decarbonization‑related services.

SunGrid (Hull Street Energy affiliate) Acquires Black Electric Inc.

September 20, 2022

Electrical Services

SunGrid Holdings, an affiliate of Hull Street Energy, has acquired Black Electric Inc., an electrical contracting firm based in Fishkill, New York. The acquisition expands SunGrid’s northeastern U.S. footprint and adds local electrical contracting capability to support battery energy storage system (BESS) projects across New York.

Huron Capital Acquires RK Electric to Launch ExecFactor Electrical Services Platform

October 10, 2023

Industrial Services

Huron Capital has acquired RK Electric, a Fremont, California-based full-service electrical contractor, to serve as the cornerstone of its new ExecFactor electrical services platform. RK Electric's existing management will remain in place while Huron and certain existing LPs provide capital to pursue a buy-and-build strategy focused on mission-critical electrical and low-voltage services across semiconductor, biotech, EV/battery and institutional end markets.

Platform Ventures Acquires Staco Electric Construction Company

September 8, 2025

Construction

Platform Ventures has acquired Staco Electric Construction Company, a Kansas City–based full-service electrical contractor with more than 50 years of experience and a workforce of over 250 electricians. The acquisition marks Platform's entry into the specialty construction services sector and aims to support growth across data centers, clean energy, manufacturing, commercial and healthcare end markets.

Lynx Equity Acquires Sundby Trapper A/S

May 21, 2019

Manufacturing

Toronto-based private equity firm Lynx Equity Limited has acquired Sundby Trapper A/S, a Denmark-based manufacturer of specialized steel staircases serving residential, commercial and institutional clients across the Nordics. Sellers Soren Iversen and Carsten Nielsen will remain with the company in their current roles; the deal was supported by BDO Corporate Finance Denmark with buy-side legal and accounting advisors.