Jeco Energies (NPM-backed) Acquires Trafohuis (LV Trading) in the Netherlands

Jeco Energies Acquires Applitech BV

January 13, 2025

Industrial Services

Belgian energy specialist Jeco Energies has acquired 100% of Applitech BV, a Amsterdam-based designer and manufacturer of low-voltage distribution and emergency power systems. The deal, supported by investor NPM Capital, expands Jeco's capabilities and presence in the Netherlands and complements its industrial energy distribution and service offering.

NPM Capital Acquires Minority Stake in Jeco Energies

September 25, 2024

Energy

NPM Capital has agreed to acquire a significant minority interest in Belgian industrial energy solutions provider Jeco Energies to accelerate growth through strategic acquisitions and international expansion. The investment will provide capital, buy-and-build expertise and support Jeco's expansion of its rental fleet and international footprint while founder Jef van den Brande remains the majority shareholder.

Energy Infrastructure Partners Acquires Minority Stake in Fluxys

February 22, 2023

Energy

Energy Infrastructure Partners (EIP), together with a consortium of Belgian institutional investors, acquired a 19.85% stake in Fluxys; Macquarie Asset Management provided acquisition debt financing to support the transaction. The investment — announced in September and completed in February 2023 after Belgian regulator approval — positions investors to support Fluxys' role in European gas infrastructure and its planned expansion into hydrogen and CO2 infrastructure.

VINCI Energies Acquires Transelec Common Inc.

October 1, 2020

Energy

VINCI Energies has acquired Transelec Common Inc., a Laval, Québec-based specialist in construction and maintenance of electrical and telecommunications network infrastructure. Transelec Common employs around 2,000 people and reported roughly CAD 300 million in revenue (2019); the acquisition is intended to accelerate VINCI Energies' expansion in North America.

Triton Acquires VolkerWessels' V&N Group (Visser & Smit Hanab, VW Telecom and Homij)

April 5, 2024

Infrastructure

Funds advised by Triton have agreed to acquire 100% of VolkerWessels Verbindingen en Netwerken B.V. (V&N Group), the parent of Visser & Smit Hanab, VW Telecom and Homij. The multi-utility service provider (3,100 employees) operates across the Netherlands providing energy & utility, connectivity and building installation services; Triton plans to invest to accelerate growth driven by the energy transition and digitalisation.

Allied Industrial Partners Invests in JCL Energy

October 15, 2024

Industrial Services

Allied Industrial Partners, a Houston-based lower-middle market private equity firm, has made a strategic growth investment in JCL Energy, a Sharon, Pennsylvania-based distributor, renter, and service provider of pad-mounted and substation transformers. The founding team led by CEO Jim Landino will retain meaningful ownership; Allied plans to provide growth capital to expand operations, pursue add-on acquisitions, and accelerate geographic coverage across the U.S. (terms not disclosed).