Pfingsten Acquires Tempest Telecom Solutions

Pfingsten Acquires Pacific Lasertec

September 6, 2023

Manufacturing

Pfingsten, an operationally focused private equity firm, acquired Pacific Lasertec, a San Marcos-based manufacturer of specialty lasers and related power supplies, as a new platform investment on August 25, 2023. Pfingsten said it will work with PLT's management team to scale the business organically and through strategic add-on acquisitions to build a leading photonics solutions provider serving medical diagnostics, semiconductor, scientific R&D and advanced manufacturing end markets.

Pfingsten Invests in New England Electrical Contracting

October 20, 2021

Industrial Services

Pfingsten, an operationally focused private equity firm, made a platform investment in New England Electrical Contracting, LLC, a Kingston, Massachusetts-based provider of electrical services supporting 5G deployment, EV charging and utility customers. The transaction closed on October 6, 2021; founder Kevin Farrell retained significant equity and Pfingsten said it will support growth through investments in people, infrastructure, geographic expansion and add-on acquisitions.

Pfingsten-backed NEC Acquires Eastern Communications, LLC

November 2, 2022

Telecommunications

Pfingsten’s portfolio company NEC acquired Eastern Communications, LLC, a Bloomfield, Connecticut-based provider of maintenance, repair and upgrade services for telecommunications infrastructure. The deal—NEC’s third add-on since Pfingsten became majority shareholder in October 2021—closed October 31, 2022; Eastern CEO Steve Slade will retain ownership and join NEC’s executive team as the combined platform expands geographic coverage and service capabilities.

Pfingsten Partners Invests in Omega Systems Consultants

March 16, 2021

IT Services

Pfingsten Partners made a growth investment in Omega Systems Consultants, a Reading, Pennsylvania-based managed IT and cybersecurity services provider, partnering with founders Bill and Jennifer Kiritsis who retained significant equity. The investment establishes Omega as Pfingsten's platform for managed IT services and is intended to support capability expansion, geographic growth and a pursue add-on acquisition strategy.

New England Electrical (Pfingsten) Acquires Atlas Innovative Services

August 23, 2022

Telecommunications

Pfingsten-backed New England Electrical Contracting, LLC has acquired Atlas Innovative Services, Inc., a provider of maintenance, repair and upgrade services for critical telecommunications infrastructure headquartered in Pembroke, Massachusetts with operations in Punta Gorda, Florida. The add-on expands New England Electrical's service coverage across New England and provides a foothold in the growing Florida telecom services market.

Pfingsten Acquires Engineered Specialties, LLC (RapidAir)

July 23, 2019

Manufacturing

Pfingsten, a Chicago-based private equity firm, acquired Engineered Specialties, LLC d.b.a. RapidAir on July 19, 2019. RapidAir, headquartered in Auburndale, Wisconsin, manufactures and distributes compressed air piping systems and will partner with Pfingsten to invest in people, infrastructure, product development and pursue strategic add-on acquisitions.