Dominion Acquires Commonwealth Dynamics, Inc.

NextEra Energy Acquires Dominion Energy in $66.8B All-Stock Merger

May 18, 2026

Utilities

NextEra Energy, Inc. has entered into a definitive, all-stock agreement to combine with Dominion Energy, Inc. in a transaction valued at approximately $66.8 billion. Dominion shareholders will receive 0.8138 shares of NextEra Energy per Dominion share plus a one-time $360 million cash payment, with the combined company expected to serve about 10 million utility customer accounts across Florida, Virginia, North Carolina and South Carolina.

VC3 Acquires DominionTech

January 22, 2024

IT Services

VC3, a Columbia, South Carolina-based managed IT and cybersecurity services provider, has acquired DominionTech, an IT services provider serving Vermont and New Hampshire. The acquisition expands VC3's presence in New England and adds DominionTech's expertise in fully managed and co-managed IT services, disaster recovery/business continuity, and cybersecurity to VC3's platform.

Bernhard Capital-Backed Allied Power Acquires Dominion Engineering

September 14, 2023

Energy

Allied Group Holdings, LLC (Allied Power), a Bernhard Capital Partners-backed platform, has acquired Dominion Engineering, Inc., a provider of field service equipment, technology, and specialized engineering services to the nuclear power industry. The add-on acquisition expands Allied's technical service, equipment and engineering capabilities for nuclear utilities, supporting outage, decommissioning and waste management work; financial terms were not disclosed.

Smith System Acquires Driving Dynamics

January 9, 2023

Trucking & Fleet

Smith System Driver Improvement Institute, a portfolio company of Levine Leichtman Capital Partners, has acquired Driving Dynamics, a Newark, Delaware-based provider of driver safety training for commercial fleets. The add-on expands Smith System's training capabilities (virtual and in-person classroom, behind-the-wheel, eLearning and risk management) and further consolidates its market position in fleet safety services.

Sigma Electric Acquires Tooling Dynamics

December 23, 2019

Manufacturing

Sigma Electric Manufacturing Corp., a portfolio company of Argand Partners, has acquired Tooling Dynamics, a York, Pennsylvania-based manufacturer of high-volume precision metal stampings and Swiss screw machining. The acquisition expands Sigma's precision metal capabilities and North American manufacturing footprint, bringing Tooling Dynamics' thin-gauge, tight-tolerance expertise into Sigma's global offering.

DOMINION Acquires International Chimney Corporation (ICC)

November 17, 2016

Industrial Services

Spanish engineering and multi-technology services group DOMINION has acquired Williamsville, New York–headquartered International Chimney Corporation (ICC) for $15 million. The purchase strengthens DOMINION's U.S. industrial services footprint and complements its existing portfolio of complex solutions and recent U.S. deals, adding a recurring revenue business (estimated $35–40M annual turnover).