Sandbrook Capital Acquires Intellirent from Electro Rent

Sunbelt Rentals Acquires Comrent International

February 23, 2022

Industrial Services

Sunbelt Rentals has acquired Comrent International, a U.S.-based provider of load bank and power-testing infrastructure, from private equity firm Global Environment Fund (GEF). The deal expands Sunbelt Rentals' specialty fleet and capabilities in commissioning and load-testing solutions, strengthening its position in data center, renewable energy, and utility end markets.

Rivean Capital Acquires Intero Integrity Services from First Reserve

June 25, 2024

Industrial Services

Rivean Capital has entered into a definitive agreement to acquire Intero Integrity Services from First Reserve. The transaction will support Intero's international growth (particularly in North America), accelerate technology development and expand its integrity, environmental and industrial services for critical infrastructure; completion is subject to regulatory approvals.

Sandbrook Capital Acquires United Utility Services from BCP

March 2, 2026

Infrastructure

BCP, a services and infrastructure-focused private equity management firm, has closed the previously announced sale of United Utility Services to Sandbrook Capital, in partnership with funds managed by Blackstone Credit & Insurance. United Utility is a grid services platform providing engineering, design, maintenance, and construction services for electric utility transmission, distribution, and substation infrastructure.

Trowbridge & Trowbridge Acquires IntelliWare Systems

March 5, 2020

Government & Public Sector

Enlightenment Capital-backed Trowbridge & Trowbridge has acquired Fredericksburg-based IntelliWare Systems and combined the businesses under the new name IntelliBridge. The combined firm will offer cloud, cyber, intelligence and digital services to defense, intelligence and federal civilian customers and has more than 600 employees; several leadership appointments were announced following the deal.

Sinch AB Acquires Inteliquent for U.S. Voice Leadership

February 17, 2021

Telecommunications

Sinch AB agreed to acquire Inteliquent, the largest independent U.S. voice communications provider, for $1.14 billion in cash to broaden its CPaaS offering and establish leadership in U.S. voice. The acquisition gives Sinch Inteliquent's carrier-grade network, extensive phone-number inventory and voice APIs; closing is subject to customary regulatory approvals including CFIUS and FCC and was expected in H2 2021.

MasTec Acquires INTREN from One Equity Partners for $420M

May 6, 2021

Infrastructure

MasTec, Inc. has acquired INTREN, LLC from One Equity Partners for $420 million, including a contingent earnout through year-end 2021. Headquartered in Union, Illinois, INTREN operates as a specialty utilities contractor with approximately 2,000 employees across 14 states and trailing twelve months revenue of about $550 million; MasTec will retain INTREN's brand and integrate its utility distribution capabilities into its infrastructure services.