Huntsman Gay Ships Power Holdings to Kelso
January 28, 2013- Share:
Huntsman Gay Global Capital has sold Power Holdings, a portfolio company comprised of operating subsidiaries T&D Solutions and Associated Diversified Services, to Kelso & Company for $380 million. The combined businesses provide scheduled and emergency outsourced maintenance services to the electrical utility industry, with service offerings that span the electricity supply chain, including power transmission, distribution and substation infrastructure. M&A advisory firm Lincoln International exclusively advised Power Holdings and Huntsman Gay in the transaction.
Energy Infrastructure
Alexandria, LA
Energy Infrastructure
Hartselle, AL
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