Tracked deals
5
5 tracked deals across 2020-2024.
Tracked deals
5
5 tracked deals across 2020-2024.
Buyer mix
Mixed buyer set
9 pe · 4 strategic
Top trend
Volume peaked in 2020
2 tracked deals announced in 2020.
Buyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Argo Infrastructure Partners | 1 | Independent infrastructure investment manager focused on ... | PE |
| Brightwood Capital | 1 | Private investment firm providing growth capital and cred... | PE |
| Cequel III | 1 | Private investment firm / family office investing in grow... | Family Office |
| Gannett Fleming | 1 | Architecture, engineering, and construction (AEC) firm pr... | Strategic (PE-backed) |
| Macquarie Capital Principal Finance | 1 | Principal finance arm of Macquarie providing structured a... | PE |
| Martinus North America, Inc. | 1 | International rail systems and infrastructure specialist ... | Strategic |
| OceanSound Partners | 1 | New York-based private equity firm investing in technolog... | PE |
| Ontario Teachers' Pension Plan | 1 | Large institutional pension-plan investor with a global i... | Investor |
| Parallel49 Equity | 1 | Private equity firm backing Road Safety Services and focu... | PE |
| RedBird Capital Partners | 1 | Private investment firm that provides strategic capital t... | PE |
Last 4 years
Supporting Data
Gannett Fleming, a portfolio company of OceanSound Partners, has completed a strategic merger with TranSystems, a Sentinel Capital Partners portfolio company, creating a national infrastructure consulting leader with roughly $1.3 billion in combined revenue and more than 5,000 employees. The deal represents Sentinel's exit of TranSystems and expands Gannett Fleming's capabilities and geographic coverage across transportation end markets including highways, bridges, mass transit, freight rail, and aviation.
Martinus North America, Inc. has entered into a purchase agreement to acquire Bottom Line Company LLC, a Lee's Summit, Missouri-based railroad contractor. The business will operate as Martinus Bottom Line and immediately service Class 1, shortline and industrial markets as part of Martinus' North American expansion; roughly 200 Bottom Line employees will join the Martinus group.
Revive Infrastructure Group, backed by Sileo Capital with support from Brightwood Capital, acquired the assets of Darrah Contracting, a Missouri-based utility contractor. The add-on expands Revive/Excel’s Missouri footprint by adding more than 25 employees, 50+ pieces of equipment, and additional master service agreement work to increase recurring revenue.
Road Safety Services, a Parallel49 Equity portfolio company, completed an add-on acquisition of Twin Traffic Marking Corp. and Traffic Zone Services (collectively “Twin Traffic”), expanding its pavement marking and traffic control capabilities. The deal bolsters RSS’s scale and presence in the Central U.S., particularly Kansas and Missouri, and supports continued platform buildout in road safety services.
TierPoint agreed to receive $320 million of preferred equity led by Argo Infrastructure Partners, Wafra, and Macquarie Capital Principal Finance, with participation from existing investors including Cequel III, Ontario Teachers' Pension Plan, RedBird Capital Partners, The Stephens Group, and Thompson Street Capital Partners. Net proceeds will repay second-lien debt, reduce the revolving credit facility balance, and provide growth capital to fund TierPoint's continued expansion of its data-center and hybrid cloud services.
Find buyers actively acquiring infrastructure companies.