ENTRUST Solutions Group Completes Acquisition of Maskwa High Voltage
Deal News | Jan 13, 2025 | Kohlberg & Company
ENTRUST Solutions Group, under the majority ownership of Kohlberg & Company, has successfully acquired Maskwa High Voltage LTD, a Canadian leader in electric transmission and engineering services. This acquisition represents an important strategic step for ENTRUST, marking its expansion into the Canadian market and enhancing its ability to support the energy transition with comprehensive power grid services. The merger is aimed at providing superior services and solutions to clients by combining Maskwa's local market expertise with ENTRUST's extensive resources. The collaboration is expected to foster growth and success by leveraging shared capabilities. Kohlberg & Company supports this strategic acquisition, valuing ENTRUST’s expanded geographical footprint in North America.
Sectors
- Energy & Utilities
- Private Equity
- Engineering & Technical Services
Geography
- United States – ENTRUST Solutions Group is based in the United States and Kohlberg & Company, its major owner, is a U.S.-based private equity firm.
- Canada – The acquisition of Maskwa High Voltage signifies ENTRUST's expansion into the Canadian market, thus making Canada an important geography for this transaction.
Industry
- Energy & Utilities – The acquisition involves companies that provide engineering and consulting services for power and energy infrastructure, thereby falling under the energy and utilities sector.
- Private Equity – Kohlberg & Company's involvement as a majority owner of ENTRUST Solutions Group places this transaction in the private equity industry.
- Engineering & Technical Services – Both ENTRUST Solutions Group and Maskwa High Voltage provide engineering and technical services to the power and energy sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ENTRUST Solutions Group | Buyer | Company | ENTRUST is a leader in power and energy infrastructure transformation, providing engineering and consulting services. |
| Maskwa High Voltage LTD | Target Company | Company | Maskwa specializes in high-voltage services, serving utilities and renewable clients across North America. |
| Kohlberg & Company | Majority Owner | Company | A leading U.S. middle market private equity firm. |
| Neuberger Berman | Minority Investor | Company | An independent, employee-owned investment manager. |