IPKeys Power Partners Acquires SigmaFlow LLC

Parsons Corporation Acquires IPKeys Power Partners

March 14, 2023

Cybersecurity

Parsons Corporation has acquired IPKeys Power Partners, a Tinton Falls, New Jersey-based provider of cloud-based cybersecurity and enterprise software for utilities, for $43 million. The acquisition expands Parsons' critical infrastructure protection and grid modernization capabilities by adding IPKeys' IT/OT cyber and operational security platforms and established utility customer base.

Wind Point Partners Acquires Sigma Companies International

April 14, 2025

Manufacturing

Chicago-based private equity firm Wind Point Partners has partnered with Sigma Companies International Corp., a Cream Ridge, New Jersey-based manufacturer and supplier of waterworks infrastructure products. Sigma's leadership will remain invested alongside Wind Point, which will support organic expansion and M&A to grow the business across North American water and wastewater end markets.

Integrated Power Services Acquires National Switchgear and National Field Services

December 27, 2021

Industrial Services

Integrated Power Services (IPS) acquired National Switchgear and National Field Services, a Lewisville, Texas-based provider of power distribution equipment, field services, remanufacturing and technical training. The deal expands IPS’s power management capabilities, service coverage and distribution footprint across North America and brings National’s five locations and accredited field technicians into IPS’s network.

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.

Quad‑C Management Acquires Flow Service Partners from RLJ Equity Partners and LP First Capital

November 21, 2024

HVAC & Mechanical

Quad‑C Management has acquired Flow Service Partners from sellers RLJ Equity Partners and LP First Capital; financial terms were not disclosed. Flow is a commercial HVACR and plumbing services platform headquartered in Nashville, Tennessee, operating across several U.S. states with over 400 employees and built through multiple acquisitions since 2021.

IPKeys Power Partners Acquires N-Dimension Solutions; EnerTech Capital Invests in IPKeys

November 18, 2019

Cybersecurity

IPKeys Power Partners has acquired Ontario-based N-Dimension Solutions, a managed detection and remediation (MDR) provider serving utilities, and will integrate N-Dimension into its IPKeys Power Partners platform. The transaction also included an equity investment in IPKeys from EnerTech Capital to support growth and strategic expansion of IPKeys' Cyber Lab as a Service offering.