Arcline Investment Management Acquires Electric Power Systems and North American Substation Services
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ST. LOUIS and ORLANDO, Fla., April 21, 2021 /PRNewswire/ Arcline Investment Management ( Arcline ), a growth-oriented private equity firm with $4.3 billion of cumulative capital commitments, today announced the creation of a leading electric infrastructure service platform formed by the acquisitions of Electric Power Systems ( EPS ) and North American Substation Services ( NASS ) from Industrial Growth Partners, which will retain a minority investment in the combined company.
Bringing together EPS and NASS creates a leader in protection and control engineering and services, high voltage apparatus testing, and critical substation equipment maintenance and installation services, to better serve utility, renewable energy, data center, and commercial customers. The recurring services provided by EPS and NASS are critical to
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NEW YORK and SAN FRANCISCO, Feb. 3, 2021 /PRNewswire/ Arcline Investment Management LP ( Arcline ), a growth-oriented private equity firm, today announced the closing of its second fund, Arcline Capital Partners II LP ( Fund II ), with aggregate capital commitments of $2.75 billion. Fund II comes approximately two years after Arcline closed on capital commitments of $1.5 billion for its inaugural fund.
Since inception in 2019, Arcline has invested in eight platform companies and completed 29 add-on acquisitions with recurring revenue business models in high value sectors including defense, aerospace, critical infrastructure services, industrial & medical technology, life sciences and specialty materials. The eight platforms include:
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