Brown & Root to Receive Investment from One Equity Partners
Deal News | Aug 07, 2025 | One Equity Partners
One Equity Partners (OEP), a middle market private equity firm, announced it has entered into an agreement to invest in Brown & Root Industrial Services, a provider of specialty industrial services based in Baton Rouge, Louisiana. KBR, Inc., the current investor, will retain a significant stake in Brown & Root. The company focuses on industrial maintenance and turnaround services for a variety of sectors, including chemicals, energy, and manufacturing. The deal is expected to reinforce Brown & Root's growth trajectory amidst favorable market conditions. One Equity Partners aims to leverage its investment expertise to expand Brown & Root's capabilities and geographic reach, in partnership with KBR. The transaction is anticipated to close in late Q3 or early Q4 2025, subject to customary conditions.
Sectors
- Private Equity
- Industrial Services
- Energy and Chemicals
Geography
- United States – Brown & Root Industrial Services is headquartered in Baton Rouge, Louisiana, and has a strong presence in Texas and the Gulf Coast.
- North America – The industrial services market in North America is a key area of focus, with noted growth opportunities.
Industry
- Private Equity – One Equity Partners is a private equity firm making a significant investment in Brown & Root Industrial Services.
- Industrial Services – Brown & Root Industrial Services is involved in providing non-discretionary industrial services including maintenance and engineering.
- Energy and Chemicals – Brown & Root services these sectors among others, providing crucial industrial services.
Financials
- Not disclosed – Financial terms of the investment in Brown & Root by One Equity Partners were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| One Equity Partners | Investor | Company | A middle market private equity firm focusing on industrial, healthcare, and technology sectors. |
| Brown & Root Industrial Services | Target Company | Company | A provider of full-service industrial solutions, known for maintenance and specialty services. |
| KBR, Inc. | Existing Investor | Company | A global company involved in technology and engineering, with a significant stake in Brown & Root. |
| Sidley Austin LLP | Legal Advisor | Company | Provided legal counsel to One Equity Partners. |
| KPMG LLP | Financial Advisor | Company | Provided financial advice to One Equity Partners. |
| Guggenheim Securities, LLC | Financial Advisory Services | Company | Provided financial advisory services to One Equity Partners. |
| Arnovia LP | Commercial Advisor | Company | Provided commercial advice to One Equity Partners. |
| Baker McKenzie | Advisor | Company | Advised KBR, Inc. on the transaction. |