Bernhard Capital-Backed United Utility Services To Acquire Bhi Power Delivery
09/28/22, 1:32 PM
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United Utility Services ("United Utility"), a specialty utility services company, today announced a transformational transaction, whereby it has entered into a definitive agreement to acquire BHI Power Delivery, a leading specialty utility transmission and distribution services provider, from Westinghouse Electric Company. Financial terms of the transaction were not disclosed.
Company Info
Company info
United Utility, a Bernhard Capital Partners portfolio company, is a fully integrated utility services company focused on building a platform of providers with specialized, industry-leading expertise in overhead and underground power transmission and distribution, substation, relay system, fiber optics communication and storm recovery services. The company was established in 2018 through the acquisition of W.A. Chester. In January 2021, United Utility acquired B&B Electrical & Utility Contractors, a comprehensive electrical contractor serving the southeast U.S. United Utility also acquired a minority investment in E.P. Breaux Utility Services in February 2021. This minority-owned company, located in Baton Rouge, specializes in EPC partnerships for new substation construction (AIS & GIS), substation modification and reconfiguration projects.
For more information, visit unitedutility.com.