Infrastructure Acquisitions in New York

Thoma Bravo has made a strategic minority investment in SDC Capital Partners, a global digital infrastructure investment firm focused on data centers, fiber, wireless and cloud-services infrastructure. The investment, funded from Thoma Bravo's balance sheet, is intended to support SDC's platform expansion as demand for AI, cloud computing and advanced technologies drives increased need for digital infrastructure.

Investcorp has completed the acquisition of a 50% stake in Corsair Capital’s infrastructure business, forming a joint entity named Investcorp Corsair Infrastructure Partners to manage the business’s existing funds, investments, and team. The partnership positions Investcorp to expand into the global infrastructure asset class with a focus on transportation, logistics, and related subsectors while Corsair retains the remaining ownership and operating platform.

An affiliate of Argo Infrastructure Partners, LP completed a merger to acquire Macquarie Infrastructure Holdings, LLC (MIC) for $4.11 per unit, with the transaction closing on July 21, 2022 and resulting in MIC’s delisting from the NYSE. The deal was presented as a take-private transaction to unlock value for equity holders; Lazard and Evercore served as financial advisors and White & Case as legal counsel to MIC.

Bernhard Capital Partners has completed the acquisition of RailWorks Corp., a leading North American rail infrastructure solutions provider, from Wind Point Partners. Bernhard Capital will support RailWorks' continued growth in track construction, signals and communications, and maintenance services while RailWorks' management team, led by President and CEO Kevin Riddett, remains in place.

Artera Services has acquired Otis Eastern Service, a Wellsville, New York-based pipeline contractor, from Argonaut Private Equity. The acquisition (about 600 employees across seven states) expands Artera’s geographic footprint in the Northeast and Appalachian regions and preserves Otis Eastern’s leadership under CEO Casey Joyce.