Recent Utilities Acquisitions in Tennessee
Acquisition Volume in Utilities in Tennessee by Year
Last 5 years
-
July 31, 2024
- Buyer
- Jones Capital
- Target
- Dark Horse Electric
- Industry
- Utilities
- Location
- Tennessee, United States
- Type
- Recapitalization
Jones Capital completed a recapitalization of Dark Horse Electric, a Sunbright, Tennessee-based provider of vegetation management and power line construction services for utilities and public-sector customers. The transaction will provide growth capital and operational support to expand Dark Horse's service capabilities and geographic reach while the company continues to operate from its Sunbright headquarters.
-
February 17, 2020
- Buyer
- HomeServe USA
- Target
- ServLine
- Seller
- Mark Slater, Gerry Harstine
- Industry
- Utilities
- Location
- Tennessee, United States
- Type
- Buyout
HomeServe USA has acquired Chattanooga-based ServLine, a provider of water and sewer service line protection and leak adjustment programs serving rural utilities across 18 states. FourBridges Capital advised ServLine on the transaction; ServLine founders Mark Slater and Gerry Harstine exited in the sale to the HomeServe subsidiary of UK-listed HomeServe PLC.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.