Peak Utility Services Group Acquired by Greenbelt Capital Partners | Industrials M&A Deal

Greenbelt Capital Partners has completed the acquisition of Peak Utility Services Group, a industrial services other business in Texas, for $575 million. Peak Utility Services Group provides utility-focused industrial services, supporting infrastructure maintenance and related field operations for customers across Texas. Greenbelt Capital Partners acquisitions target operational capabilities in industrials M&A, using Peak Utility Services Group acquisition to expand its service footprint in TX acquisitions. The platform acquisition is backed by private equity acquisition strategy, positioning Greenbelt for further industrial services other acquisition and industrials deals TX. Deal terms were announced, with the $575 million financing led by Sound Point, and the transaction is expected to close following customary approvals.