Private Equity Firm Energy

SER Capital Partners

California, United States

SER Capital Partners is a middle-market private investment firm dedicated to North American industrial sustainability, investing in clean power, electrification, and resource efficiency businesses.

Focus Areas
Clean power, Electrification, Resource efficiency

Tracked deals

6

6 tracked deals across 2020-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Growth capital

3 growth capital · 2 buyout · 1 addon

SER Capital Partners Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for SER Capital Partners. 1 2020 1 2021 2 2023 1 2024 1 2025

Supporting Data

Recent Transactions

  • Buyer
    SER Capital Partners, Paladin EnviroTech, Daeheung M&T
    Target
    TechSmart International (TSI), Integrated Recycling Technologies (IRT)
    Location
    United States
    Type
    Addon

    SER Capital Partners formed Paladin EnviroTech, a PE-backed platform focused on e-waste recycling and IT Asset Disposition (ITAD), and immediately expanded the platform by acquiring Florida-based TechSmart International (TSI) and Minnesota-based Integrated Recycling Technologies (IRT). South Korea's Daeheung M&T is partnering with Paladin and has made a minority investment to provide technical expertise and global supply chain connections.

  • Buyer
    Palisade Infrastructure, SER Capital Partners
    Target
    MicroGrid Networks, LLC
    Industry
    Energy

    MicroGrid Networks (MGN), a Brooklyn-based developer, owner and operator of battery energy storage and EV charging systems, received a strategic growth investment from Palisade Infrastructure in partnership with majority-owner SER Capital Partners. The capital will support MGN's expansion across New York City and adjacent markets, accelerating deployment of battery energy storage projects and expanding the company's development and operations pipeline.

  • Buyer
    SER Capital Partners
    Target
    Brightcore Energy
    Industry
    Renewable Energy

    SER Capital Partners has committed $82 million to invest in Brightcore Energy to expand the company’s balance sheet and accelerate deployment of clean energy and efficiency projects. The growth capital will enable Brightcore to scale its Efficiency-as-a-Service offerings — including solar, LED lighting, HVAC/geothermal, EV charging and battery storage — and pursue additional project financing and acquisitions.

  • Buyer
    SER Capital Partners
    Target
    Charah Solutions, Inc.
    Seller
    Bernhard Capital Partners
    Type
    Buyout

    Funds managed by SER Capital Partners completed the acquisition of Charah Solutions, Inc., a Louisville-based provider of environmental remediation, ash management and byproduct recycling services to the power generation industry, for $6.00 per share. The transaction (approved July 12, 2023) takes Charah private from Bernhard Capital Partners and other shareholders; Charah's outstanding 8.50% Senior Notes remain obligations of the company and the business will continue operating under SER with its existing management and nearly 600 employees.

  • Buyer
    SER Capital Partners
    Target
    Brightcore Energy
    Industry
    Renewable Energy

    SER Capital Partners committed $82 million in growth capital to Brightcore Energy to expand the company’s balance sheet and accelerate deployment and financing of commercial clean energy and efficiency projects. Metric Point Capital acted as exclusive placement agent; the investment will support Brightcore’s solar, LED lighting, HVAC/geothermal, EV charging, battery storage and smart building offerings for commercial, industrial and institutional customers.

  • Buyer
    SER Capital Partners, LLC
    Target
    Three project companies from HGP
    Seller
    HGP
    Industry
    Renewable Energy
    Type
    Buyout

    SER Capital Partners acquired three project companies from Texas-based developer HGP in September 2020 to deploy battery storage projects across Texas. As part of the investment SER entered a strategic equipment arrangement with LG Chem and committed approximately $70 million of equity to support deployment and grid resiliency efforts.

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