Sorenson Capital Makes Growth Investment in Southeast Directional Drilling

ACT Energy Technologies to Acquire SB Directional Services for $47 Million

March 10, 2026

Industrial Services

ACT Energy Technologies Ltd. agreed to acquire SB Directional Services, an Oklahoma City-based directional drilling company, for a total of $47 million. The deal is structured as $30 million in cash and $17 million in ACT common shares and was expected to close in early April 2026, subject to Toronto Stock Exchange approval.

GenNx360 Capital Partners Acquires Shenandoah Industrial Solutions

September 16, 2024

Industrial Services

GenNx360 Capital Partners has invested in Shenandoah Industrial Solutions, a Pompano Beach, Florida-based provider of underground infrastructure services, acquiring the company from KLH Capital. The investment will support Shenandoah’s expansion of operations, service capabilities (pipe cleaning, inspection, and trenchless rehabilitation), and continued geographic growth across Florida and the Southeastern U.S.

Hull Street Energy Makes Strategic Investment in Upstream Tech

October 24, 2023

Cloud & SaaS

Hull Street Energy (HSE) has made a strategic growth investment in Upstream Tech to support the company's HydroForecast and Lens platforms for water forecasting and remote monitoring. The partnership will provide capital and sector expertise to help Upstream Tech expand its team, scale product development, and accelerate deployment in energy, water management, and environmental markets.

Private Investor Acquires Holocene Drilling, Inc.

May 23, 2022

Environmental Services

Generational Equity advised Holocene Drilling, Inc., a Puyallup, Washington-based geotechnical and environmental drilling services provider, on its sale to a private investor. The transaction closed on April 30, 2022; Holocene offers geotechnical, environmental and dewatering drilling along with related site services and serves engineering, infrastructure and environmental sector clients.

Crestone Services Group Acquires HDD Specialists, LLC and Underground Specialties, Inc.

January 22, 2020

Construction

Crestone Services Group (a PE-backed utility services platform) acquired HDD Specialists, LLC and Underground Specialties, Inc. to expand its directional drilling and trenchless-utility capabilities ahead of increased 5G and utility-infrastructure work. The transactions fold Underground Specialties into Crestone's DrillTech division and retain HDDS leadership to grow crews and service offerings across power, gas and telecom markets.

SDC Capital Partners Invests Up to $100M in Tilson

April 9, 2019

Telecommunications

Funds managed by SDC Capital Partners, LLC will invest up to $100 million in telecommunications infrastructure services firm Tilson to support nationwide network design-build growth and to enable the spin-out and capitalization of Tilson’s asset-ownership affiliate SQF, LLC. The capital will accelerate Tilson’s expansion in small-cell and 5G infrastructure deployment and strengthen its asset ownership capabilities through SQF.