Infrastructure Acquisitions in Massachusetts

SMC Infrastructure Partners has acquired infrastructure investment platform InfraNext Partners, bringing founders Scott Troeller and Joseph Dunfee into SMC's senior management team. The addition expands SMC's capabilities and M&A/development pipeline with a focus on energy transition, resiliency, environmental impact and digitalization.

Aegion Corporation has acquired Next Level Environmental, a Canton, Massachusetts–based provider of underground and vacuum excavation services. The Next Level Environmental team and assets will operate under Aegion's Insituform business to expand trenchless and turnkey infrastructure services across the New England market.

RoadSafe Traffic Systems, Inc. has acquired Liddell Bros, Inc. and Liddell Leasing, Corp., two Halifax, Massachusetts-based providers of traffic control services, equipment rental and overhead sign installation. The deal expands RoadSafe's New England footprint and strengthens its DOT-facing capabilities as an add-on to its PE-backed platform.

Quantela has acquired CIMCON Lighting, a Burlington, Massachusetts–based smart lighting and smart city technology company. The acquisition gives Quantela immediate access to CIMCON’s streetlight pole infrastructure and controller deployments, expanding Quantela’s urban infrastructure capabilities and enabling faster rollout of smart-city applications that deliver energy and maintenance cost savings for communities.

Peak Utility Services Group (a PE-backed utility services platform) has acquired Riley Brothers, Inc., a Stoughton, Massachusetts-based provider of natural gas and electric utility construction services. The deal is an add-on to Peak's platform (which is sponsored by ORIX Capital Partners) and expands Peak's presence into the New England market while keeping Riley Brothers' founder Tim Riley and existing management in place.