TRC Companies Acquires Lockheed Martin Distributed Energy Solutions (LM-DES)
November 19, 2019
TRC Companies, supported by private equity sponsor New Mountain Capital, has acquired Lockheed Martin Distributed Energy Solutions (LM-DES). The deal adds just over 400 employees and expands TRC's advanced energy and utility services capabilities across multiple U.S. states, strengthening its distributed energy, efficiency and DERMS offerings.
- Buyers
- TRC Companies, New Mountain Capital
- Targets
- Lockheed Martin Distributed Energy Solutions (LM-DES)
- Sellers
- Lockheed Martin
- Platforms
- TRC Companies
- Industry
- Energy
- Location
- Maryland, United States
- Transaction Type
- Addon
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