Peak Utility Services Group Acquires Mammoth's Infrastructure Subsidiaries (5 Star, Higher Power, Python)

TransAlta to Acquire Mountain Peak Power LLC and Canyon Peak Power LLC (Two Natural Gas Peaking Facilities)

June 3, 2026

Energy

TransAlta has entered into a purchase and sale agreement to acquire Mountain Peak Power LLC and Canyon Peak Power LLC, which own two new natural gas-fired peaking facilities totaling 318 MW near Denver, Colorado. The assets are fully contracted under long-term tolling agreements (100% contracted for 25+ years) and are expected to add approximately US$80 million of Adjusted EBITDA per year. TransAlta expects the transaction to close in early Q4 2026 and will fund the equity component through a concurrent US$350 million bought deal share offering.

Greenbelt Capital Partners Acquires Peak Utility Services Group from ORIX Capital Partners

March 11, 2026

Industrial Services

Greenbelt Capital Management (Greenbelt Capital Partners) entered into a definitive agreement to acquire Peak Utility Services Group (Peak) from ORIX Capital Partners. The transaction is expected to close following customary regulatory approvals and closing conditions; financial terms were not disclosed.

Qualus Corporation Acquires Aquawolf, Transmission & Distribution Engineering Subsidiary of Mammoth Energy

December 3, 2025

Engineering Services

Qualus Corporation acquired Aquawolf, the transmission and distribution engineering subsidiary of Mammoth Energy, expanding Qualus' high-voltage transmission and grid modernization capabilities and adding offices in San Diego, Denver and Vancouver, Washington. The acquisition deepens Qualus' engineering and construction support services across the project life cycle and strengthens its technical capabilities in transmission and distribution design, resiliency and grid hardening.

Pearce Services Acquires Unified Power

December 17, 2024

Industrial Services

Pearce Services, a New Mountain Capital-backed provider of mission-critical infrastructure services, has acquired Unified Power, a Terrell, Texas-based provider of UPS and backup generator maintenance and repair services. The deal, supported with incremental capital from Goldman Sachs Alternatives' Hybrid Capital group, expands Pearce's capabilities into UPS services and strengthens its presence across data center, telecom, healthcare and other mission-critical end markets; Incline Equity Partners sold Unified Power.

Sciens Building Solutions Acquires Mammoth Fire Companies

April 9, 2024

Industrial Services

Sciens Building Solutions, a Carlyle-backed holding company, has acquired the Mammoth companies — Mammoth Fire Alarms (MFA), Property Protection Monitoring (PPM) and Mammoth Fire Protection Systems (MFPS) — expanding Sciens’ Northeast footprint. The acquisition adds Mammoth’s design, installation, monitoring and maintenance capabilities and a team of well over 100 employees to Sciens’ fire and life-safety platform.

Peak Utility Services Group Acquires Superior Pipeline Services

March 18, 2021

Industrial Services

Peak Utility Services Group, a Denver-based provider of infrastructure services, has acquired Superior Pipeline Services (SPS), a Fort Worth, Texas natural gas utility services contractor. The add-on expands Peak's presence in Texas and strengthens its capabilities for maintenance, repair and installation work in the natural gas utility market.