Warrenville, Illinois – January 8, 2025 – ENTRUST Solutions Group announced today that it has completed the acquisition of Maskwa High Voltage LTD. ENTRUST Solutions Group is majority-owned by Kohlberg & Company, a leading private equity firm based in Mount Kisco, NY, with additional minority investment from Neuberger Berman Alternatives, a private, independent, employee-owned investment manager.
ENTRUST Solutions Group, a leader in power and energy infrastructure transformation through comprehensive engineering and consulting services, is pleased to announce the acquisition of Maskwa High Voltage, a prominent player in the Canadian market specializing in electric transmission, distribution, substation and renewables design and engineering services.
This acquisition marks a significant step in ENTRUST’s expansion into Canada, establishing a robust platform for growth in this important market, as well as enhancing ENTRUST’s ability to support the energy transition by providing critical services to the redesign and upgrade of the power grid. By joining forces, ENTRUST and Maskwa High Voltage are broadening their geographical footprint as well as enhancing their capacity to serve clients’ goals with the highest level of excellence.
“We are thrilled to welcome Maskwa High Voltage to the ENTRUST family,” said Adam Biggam, CEO of ENTRUST Solutions Group. “The alignment in our services and commitment to innovation makes this partnership not only a natural fit but a strategic one that will allow both of our teams to reach new heights. Together, we will offer a more comprehensive suite of services and solutions to our clients, ensuring continued success and growth.”
Maskwa High Voltage’s expertise in the Canadian market complements ENTRUST’s existing capabilities, allowing the combined entity to deliver even greater value to clients. The acquisition will enable ENTRUST to provide a seamless and integrated experience, leveraging Maskwa High Voltage’s local knowledge and ENTRUST’s extensive resources.
“We are thrilled to start a new chapter for Maskwa High Voltage under the ENTRUST umbrella. This acquisition represents a significant milestone for Maskwa High Voltage, allowing us to leverage ENTRUST’s extensive resources and expertise to better serve our clients,” said Ryan Macdonald, President of Maskwa High Voltage, “We are excited to continue to innovate and deliver exceptional value in the Canadian market.”
About Maskwa High Voltage LTD
Maskwa High Voltage LTD specializes in high-voltage services, providing critical support for utilities, renewable clients, industrial clients, and contractors across North America. With expertise in design, engineering and project management, Maskwa High Voltage ensures power systems operate safely and reliably. Their team of skilled technicians and engineers is committed to delivering high-quality solutions, adapting to the latest industry standards, and prioritizing customer satisfaction. Whether for routine maintenance or complex projects, Maskwa High Voltage LTD is dedicated to being a trusted partner in power infrastructure. For more information, please visit https://www.maskwahv.com/.
About ENTRUST Solutions Group
ENTRUST Solutions Group’s 3,000+ professionals in 35+ locations lead power and energy infrastructure transformation across North America. They provide comprehensive and dependable engineering, design, and consulting services to utilities, operators, and industrial customers with excellence from start to finish. For more information, please visit www.entrustsol.com.
About Kohlberg & Company
Founded in 1987, Kohlberg & Company (“Kohlberg”) is a leading U.S. middle market private equity firm based in Mount Kisco, New York. The firm invests in companies characterized by strong brands, recurring revenue streams and leading market positions, which it identifies through rigorous thematic research grounded in its White Paper Program. Leveraging its team of investment and operating partners, Kohlberg partners with management teams to accelerate growth, enhance operational excellence and transform their businesses. As of September 30, 2024, Kohlberg manages approximately $16 billion on behalf of institutional investors globally. For more information, please visit www.kohlberg.com.
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $509 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader’s Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of September 30, 2024.
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