Hearthstone Holdings (UIF) Acquires Hope Gas from Dominion Energy

Vicinity Energy Acquires Morgantown Energy Associates (WVU District Energy System)

July 7, 2020

Energy

Vicinity Energy has acquired Morgantown Energy Associates, the district energy system serving West Virginia University in Morgantown, West Virginia, from an investment affiliate of Starwood Energy Group Global, L.L.C. Vicinity plans to convert the system away from coal to primarily natural gas (with ULSD backup), invest in additional dual-fuel boilers, and reduce the system's carbon footprint and local air pollutants while expanding its U.S. district energy footprint.

United Utility Services Acquires BHI Power Delivery from Westinghouse

February 13, 2023

Infrastructure

United Utility Services, a Bernhard Capital Partners-backed utility services platform, has acquired BHI Power Delivery from Westinghouse Electric Company. The acquisition adds BHI’s transmission, substation and distribution capabilities and more than 1,200 employees and 170+ crews, expanding United Utility’s geographic footprint and creating one of the largest independent U.S. transmission & distribution services providers.

Vehicle Accessories Acquires Hope Valley

December 18, 2020

Automotive

Vehicle Accessories, Inc. (a portfolio company of Kinderhook Industries) acquired HV Industries (Hope Valley), a manufacturer of precision all-weather floor mats for automotive OEMs. The deal is VAI's fifth add-on under Kinderhook and expands VAI's product portfolio and OEM relationships in the pickup truck and SUV markets; financial terms were not disclosed.

UMB Financial Corporation Acquires Heartland Financial USA, Inc.

April 29, 2024

Financial Services

UMB Financial Corporation completed its previously announced all-stock acquisition of Heartland Financial USA, Inc., creating a larger regional bank with approximately $68 billion in assets and expanded operations across 13 states. The deal (announced at an implied value of about $2.0 billion and using a 0.55 share exchange ratio) increases UMB's private wealth AUM by roughly 31–32%, adds more than 100 branches and ATMs, and brings HTLF operations onto UMB platforms before full brand conversion.

H.I.G. Infrastructure Acquires Controlling Interest in Northern Biogas

September 20, 2022

Renewable Energy

H.I.G. Capital’s infrastructure arm, H.I.G. Infrastructure, has acquired a controlling interest in Northern Biogas, a Morgantown, West Virginia–based waste-to-renewable natural gas company that develops, builds, owns and operates anaerobic digester and RNG facilities. The investment will support Northern Biogas’ development pipeline of dairy, landfill and food-waste RNG projects across the U.S. as the company scales its construction, operations and service capabilities.

NOVA Infrastructure Acquires ~70% of UGE International

May 28, 2024

Renewable Energy

NOVA Infrastructure has completed the acquisition of approximately 70% of the common shares of UGE International Ltd., a community solar and battery storage developer and operator. NOVA will partner with UGE's management and provide acquisition and growth capital to scale the company's community solar and battery storage platform across the U.S.