US EditionBernhard Capital Partners Establishes Utility Engineering & Consulting Platform through TechServ Acquisition
- Bernhard Capital Partners acquired TechServ on June 2, 2025, in Baton Rouge, Louisiana, creating a new utility engineering and consulting platform.
- The acquisition responds to rising power demand driven largely by artificial intelligence and digital infrastructure, increasing utilities' outsourcing of engineering and oversight functions.
- Established in 1992 and headquartered in Tyler, Texas, TechServ employs over 850 people across 21 states and specializes in providing engineering, project supervision, telecommunications system planning, utility asset sharing, and storm-related assistance.
- Mark Spender, Partner at BCP, expressed enthusiasm about collaborating with TechServ to develop a leading platform designed to address the increasing demands faced by utilities and telecom companies nationwide, fueled by the surge in power and data requirements.
- Through its collaboration with BCP, TechServ is set to enhance its role in driving infrastructure modernization, aiding utilities in upgrading the grid, while BCP utilizes its approximately $5 billion spread over five funds to generate lasting value.
16 Articles
16 Articles
Denton Record-Chronicle
Bernhard Capital Partners Establishes Utility Engineering & Consulting Platform through TechServ Acquisition
BATON ROUGE, La., June 2, 2025 /PRNewswire/ -- Bernhard Capital Partners ("BCP"), a services and infrastructure-focused private equity management firm, today announced its acquisition of TechServ, a leading utility service provider of engineering, oversight, telecommunication design, joint use and storm…
TechServ acquisition powers a new Bernhard utility venture
Baton Rouge-based Bernhard Capital Partners has acquired Texas-based TechServ, a major utility service provider, and announced the formation of a new platform aimed at supporting grid modernization and utility infrastructure expansion. The deal positions Bernhard Capital, a Baton Rouge private equity firm focused on services and infrastructure investments, to capitalize on growing demand for utility and telecom engineering services driven by ele…
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