Quanta Services to Acquire Blattner Company

Quanta Services Acquires Cupertino Electric

July 22, 2024

Infrastructure

Quanta Services, Inc. has completed its approximately $1.5 billion acquisition of Cupertino Electric, Inc., a San Jose–based electrical infrastructure solutions provider. The deal brings CEI’s low-voltage electrical platform, modular electrical manufacturing capabilities and renewable-energy construction experience into Quanta’s portfolio to expand service offerings and end-market exposure in data centers, technology and utility-scale renewables.

Quanta Services Acquires Lee Electrical Construction, LLC

November 16, 2020

Infrastructure

Quanta Services, Inc. acquired Lee Electrical Construction, LLC in August 2020. Lee Electrical Construction, headquartered in Aberdeen, North Carolina, provides power line construction, transmission/substation and storm restoration services to investor-owned utilities, electric cooperatives, municipalities, and industrial customers across the Southeastern and Mid-Atlantic United States; Founders Advisors advised Lee on the sale.

Quanta Services Acquires Evergreen North America Industrial Services from The Sterling Group

February 23, 2024

Industrial Services

Quanta Services has completed the acquisition of Evergreen North America Industrial Services from private equity firm The Sterling Group. Evergreen is a provider of specialized and recurring environmental and industrial services to downstream/midstream energy, industrial and chemical customers; the deal expands Quanta’s environmental and specialty infrastructure capabilities and geographic footprint across North America.

TotalEnergies to Acquire Quadra Energy

October 26, 2023

Energy

TotalEnergies has signed agreements with the Aloys Wobben Foundation to acquire the entire share capital of Germany-based renewable electricity aggregator Quadra Energy. The acquisition is subject to relevant regulatory approvals and is intended to strengthen TotalEnergies’ integrated power business in Germany, including aggregation, trading, and corporate PPA/clean firm power offerings.

Blattner Technologies Acquires Jigsaw Security Enterprise

June 6, 2023

Cybersecurity

Blattner Technologies, a Nashville-based data analytics and AI company, has acquired Jigsaw Security Enterprise to bolster its cybersecurity and threat intelligence capabilities. The deal brings Jigsaw's SOC and threat-intel expertise (and CEO Kevin Wetzel, who will become Blattner's CISO) into Blattner's AI/ML product suite to expand into machine-learning security.

Qualus Corporation Acquires GridBright

October 9, 2023

Energy

Qualus Corporation, a portfolio company of New Mountain Capital, has acquired GridBright, a Silicon Valley–area technology solutions firm specializing in grid integration software, systems integration, and advisory services. The deal (terms not disclosed) expands Qualus’ capabilities in grid modernization, resiliency, security, and renewable interconnection services; AEC Advisors advised Qualus and Capstone Partners advised GridBright.