Gemspring Capital Acquires Majority Stake in JTI Electrical & Instrumentation
January 3, 2022
Gemspring Capital Management affiliate has acquired a majority interest in JTI Electrical & Instrumentation, a Bakersfield, California-based provider of electrical, mechanical, and automation services to industrial processing facilities. The founder-led management team will remain in place and retain an ownership stake as Gemspring plans to support growth through capability expansion, geographic penetration, and strategic acquisitions.
- Targets
- JTI Electrical & Instrumentation
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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