Bobcat Power Sold to Asplundh Tree Expert by Cotton Creek Capital
Deal News | Apr 02, 2025 | Globenewswire
Cotton Creek Capital announced the sale of Bobcat Power, LLC, a leading provider of integrated substation services to power utilities and EPC firms, to Asplundh Tree Expert, LLC. Bobcat, headquartered in Waco, Texas, expanded significantly under Cotton Creek's ownership, becoming a major player in turnkey infrastructure services in the southern United States. This strategic exit comes as a result of Cotton Creek's focus on infrastructure services and represents a culmination of efforts to expand Bobcat's operational capacity and customer base. Key players mentioned include Scott Yocham, CEO of Bobcat, who praised the partnership for its role in ensuring safe and reliable services. Cotton Creek partners Antonio DiGesualdo and Josh Gault commended Bobcat's unique service model and operational excellence, which facilitated growth and successful divestment. Legal advisement for the transaction was provided by Perkins Coie LLP.
Sectors
- Infrastructure Services
- Private Equity
Geography
- United States – Bobcat Power operates across the southern United States, and Cotton Creek Capital is based in Austin, Texas.
Industry
- Infrastructure Services – The article discusses Bobcat Power, which provides integrated substation services, a key part of the infrastructure services industry.
- Private Equity – Cotton Creek Capital, a private equity firm, facilitated the sale of Bobcat Power, reflecting the industry's role in strategic investment and divestment.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Bobcat Power, LLC | Target Company | Company | Bobcat Power is a leading provider of integrated substation services based in Waco, Texas. |
Cotton Creek Capital | Selling Company | Company | Cotton Creek is a private equity firm based in Austin, Texas, focusing on infrastructure services among other sectors. |
Asplundh Tree Expert, LLC | Bidding Company | Company | Asplundh Tree Expert is the acquiring company, purchasing Bobcat Power from Cotton Creek Capital. |
Perkins Coie LLP | Legal Advisor | Company | Provided legal advisory services for the transaction between Cotton Creek Capital and Asplundh Tree Expert. |
Scott Yocham | CEO of Bobcat | Person | CEO of Bobcat Power who expressed optimism about the company's future growth. |
Antonio DiGesualdo | Managing Partner of Cotton Creek Capital | Person | Managing Partner of Cotton Creek Capital, highlighted the partnership with Bobcat Power. |
Josh Gault | Partner of Cotton Creek Capital | Person | Partner of Cotton Creek Capital, praised Bobcat Power's turnkey service model. |