Sundog Capital Forms Stryker Electric Platform with Acquisition of Stryker, Edge Electric and Bay Area Electric

Lead Edge Capital Growth Investment in Elektrik

June 16, 2026

IT Services

Lead Edge Capital is making a significant growth equity investment in Elektrik, a tech-enabled procurement platform for sourcing critical electrical transmission & distribution components. The funding will support Elektrik’s expansion as demand rises for medium and high voltage components driven by data center buildout, renewable energy projects, and grid modernization.

Lead Edge Capital Acquires Elektrik Procurement Platform

June 16, 2026

Data & Analytics

Lead Edge Capital has acquired Elektrik, a Salt Lake City–based procurement platform for electrical infrastructure components used to build data centers, renewable energy projects, and other commercial/industrial infrastructure. The platform is used by contractors and distributors to source critical specialized components amid U.S. data center buildout, power-grid modernization, and renewable-energy construction trends.

Cerberus Strategic Investment in S+S Industries

May 4, 2026

Industrial Services

Cerberus Capital Management-managed funds have entered into a definitive agreement to make a strategic investment in S+S Industries, a Houston-based provider of critical value-added solutions for data center power infrastructure. S+S founders—members of the Andrews family—will retain a significant ownership stake, and President Greg Andrews will continue leading the company. The transaction is expected to close in the second quarter of 2026, subject to customary conditions.

SunPower Integrates Sunder Energy Acquisition

March 13, 2026

Energy

SunPower Inc. announced the successful completion of its integration of Sunder Energy, using a structured stage-gate methodology to embed SunPower processes across corporate functions, engineering rigor, and customer success standards. The company said the integration milestone involved completion of 311 tasks over six months and noted its integration pipeline still includes additional acquisitions scheduled for later in 2026.

BDC Capital and Investor Group Back Kroon Electric to Form BCES Global; Platform Acquires Three U.S. Electrical Contractors

June 13, 2024

Electrical Services

BDC Capital’s Growth Equity Partners Fund II and an investor group led by George Fechter provided significant growth capital to Kroon Electric Corp., enabling the creation of Canada‑headquartered BCES Global. Concurrent with the investment, BCES Global (with Kroon management) acquired three U.S. electrical services businesses—Bopat Electric Co., Transworld, Inc., and Sabino Electric—to establish a North American consolidation platform focused on recurring preventive electrical maintenance and decarbonization‑related services.

General Atlantic Credit, Blackstone and Morgan Stanley Invest $425M in Buyers Edge Platform

April 8, 2024

Food & Beverage

Buyers Edge Platform secured a $425 million preferred equity investment led by General Atlantic Credit’s Atlantic Park fund, alongside Blackstone Tactical Opportunities and Morgan Stanley Tactical Value. The financing will fund platform innovation, strategic M&A and European expansion; institutional investor Bregal Sagemount will exit its minority stake while founder John Davie increases his majority ownership.