McIntyre Partners Acquires Moreld Group

Moreld Acquires Ocean Installer from HitecVision

June 7, 2024

Energy

Moreld has entered into an agreement to acquire Ocean Installer from private equity firm HitecVision. The acquisition expands Moreld's capabilities into subsea engineering and construction, adds Ocean Installer's ~280 employees and international offices, and is being financed in part by a US$225 million senior secured note offering; the deal is subject to Norwegian competition approval.

Wind Point Partners Acquires MOREgroup

January 17, 2024

Engineering Services

Chicago-based private equity firm Wind Point Partners has acquired MOREgroup, a Fort Worth-based family of architecture, design and engineering brands focused on education, healthcare and federal government markets. MOREgroup, previously backed by Godspeed Capital, employs over 700 people across 17 U.S. offices; Wind Point will partner with existing management to pursue geographic expansion and an M&A-driven growth strategy.

H2 Equity Partners Invests in Motive Offshore Group

July 13, 2022

Energy

H2 Equity Partners has made a multimillion-pound growth investment in Motive Offshore Group to support the company's international expansion and accelerate its shift into renewables. The deal adds two H2 representatives to Motive's executive board, replaces previous investor EV Private Equity and will fund continued M&A, fleet expansion and digitalisation of equipment and services.

Pearce Renewables Acquires Mortenson Energy Services

June 3, 2021

Energy

Pearce Renewables, a division of Pearce Services, has acquired Mortenson Energy Services to expand its operations and maintenance capabilities across utility‑scale wind, solar, EV charging, and battery energy storage infrastructure. The deal combines Mortenson’s experienced wind-service teams with Pearce Renewables’ existing brands and engineering capabilities to create a larger independent renewable‑energy service provider.

Hillcore Group Acquires Midlite Construction Ltd.

September 15, 2023

Construction

Hillcore Group has completed the acquisition of Midlite Construction Ltd., a Fort McMurray-based powerline construction and maintenance company. The deal expands Hillcore's industrial and utility services capabilities and strengthens its regional presence across Alberta and Western/ Northern Canada.

MPE Partners Recapitalizes MSHS Group

February 22, 2021

Industrial Services

MPE Partners (Morgenthaler Private Equity) has completed a recapitalization of MSHS Group, a Fort Lauderdale-based independent MRO services provider for marine and power generation applications. MPE partnered with MSHS majority owner Are Friesecke and members of the senior management team to support the company’s growth initiatives and expand technical capabilities across its MSHS and GCS business units.