Pearce Renewables Acquires MFG Energy Services
August 5, 2022
Pearce Renewables, a division of Pearce Services, has acquired MFG Energy Services, a division of Molded Fiber Glass Companies, to expand its composite blade repair, engineering, maintenance, and inspection services for wind turbines. The acquisition (terms undisclosed) strengthens Pearce Renewables' position in the renewable energy services market and is an add-on to Pearce's growing renewables platform backed by New Mountain Capital.
- Targets
- MFG Energy Services
- Sellers
- Molded Fiber Glass Companies
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Addon
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Pearce Renewables Acquires Mortenson Energy Services
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New Mountain Capital Partners with Pearce Services as Pearce Acquires MaxGen Energy Services and World Wind & Solar
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New Mountain Capital has partnered with Pearce Services to support Pearce’s growth and build a national, technology-enabled infrastructure services platform. Simultaneously, Pearce acquired MaxGen Energy Services and World Wind & Solar, bringing renewable wind, solar and EV charging operations & maintenance capabilities into the combined Pearce Services platform; terms were not disclosed.
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