White Deer and MB Energy Partners Invest in Fortress Power

White Deer Energy Acquires EV Infrastructure Design-Build Business

November 12, 2020

Infrastructure

White Deer Energy has acquired Renewable Energy Infrastructure Group's electric vehicle infrastructure design-build business, EV Infrastructure. The company, headquartered in Costa Mesa, California, provides turnkey engineering and construction of Level 2 and Level 3 fast-charging stations primarily for commercial fleet, utility and municipal customers; financial terms were not disclosed.

White Deer Energy Acquires TorcSill Foundations from Intervale Capital

October 23, 2019

Industrial Services

White Deer Energy, through a newly formed entity it primarily owns, has acquired TorcSill Foundations, LLC from Intervale Capital (Intervale Fund III). TorcSill, a Pasadena, Texas-based provider of engineered helical pile foundation solutions serving energy, industrial and power end markets, will continue to be led by CEO Tim Swift; financial terms were not disclosed.

SCF Partners Makes Additional Investment in Powerstar

June 11, 2023

Renewable Energy

SCF Partners has made an additional minority investment in Powerstar to support the company's continued growth in smart electrification and energy resilience solutions. As part of the transition, founder and majority shareholder Dr. Alex Mardapittas will step down from the chairmanship and board but will remain involved as a consultant.

Compass Minerals Invests in Fortress North America

May 9, 2023

Manufacturing

Compass Minerals made a $45 million equity investment in Fortress North America, increasing its minority stake to approximately 45% (building on a prior $5 million Series A investment). The financing will help Fortress scale its long-term fire retardant (LTR) formulations and expand production of magnesium chloride–based retardants developed using minerals supplied from Compass Minerals' Great Salt Lake operations.

White Wolf Private Credit Recapitalizes Pacific Power & Systems

July 9, 2021

Construction

White Wolf Private Credit Management LLC provided a senior secured term loan and a minority preferred equity co-investment to recapitalize Pacific Power & Systems (PPS) of Fairfield, California. The financing also supported PPS's acquisition of Millennium Electric (Orlando, Florida); the deal positions PPS for continued organic growth and add-on acquisitions as it expands into the Florida market.

Trivest Partners Invests in Fortress Brand

July 15, 2020

E-Commerce

Trivest Partners, a Miami-based private equity firm, has partnered with Fortress Brand, a New York–headquartered technology-enabled direct-to-consumer channel partner that manages brands on Amazon and other online marketplaces. The investment will support Fortress's growth, expand its service offerings, and enable the company to pursue acquisitions or partnerships with complementary digital marketing and e-commerce businesses.