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USIC acquires Locate Division from Heath Consultants

Jul 15, 2025•about 2 months ago

Acquiring Company

USIC

Acquired Company

Heath Consultants

IndianapolisHoustonOtherOil And Gas

Description

USIC has successfully acquired the 811 Locate Services Division of Heath Consultants as part of a strategic divestiture. This acquisition enhances USIC's capabilities in underground utility locating services. Heath Consultants aims to refocus on innovation in methane emissions detection and management. The transaction was facilitated by Westlake Securities, serving as exclusive financial advisor.

Company Information

Company

USIC

Location

Indianapolis, Indiana, United States

About

USIC is a leading provider of underground utility damage prevention services with more than 10,000 employees and operations in 48 states and corporate headquarters located in Indianapolis, Indiana. The company, which serves more than 1,400 telecommunications, electric, gas, water, and sewer utilities, as well as municipalities, performs over 80 million locates each year. Additionally, USIC provides a range of advanced infrastructure services performed by its affiliate companies, Blood Hound, Reconn Utility Services, and On Target Utility Services. USIC is jointly owned by Partners Group, acting on behalf of its clients, and Kohlberg. Partners Group originally invested in USIC in 2017 and partnered in November 2022 with a Kohlberg-led consortium, including funds managed by Mubadala and Neuberger Berman.

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