Bernhard Capital Partners’ Allied Group acquires nuclear-equipment provider
Transactions - SEPTEMBER 18, 2023

Bernhard Capital Partners’ Allied Group acquires nuclear-equipment provider

by Kali Persall

Allied Group, a company owned by Bernhard Capital Partners and a full-service provider of power-plant services, has acquired Dominion Engineering, Inc. (DEI), a provider of field-service equipment, technology and specialized engineering services to the nuclear-power industry.

For more than four decades, DEI has provided innovative field-service equipment, technology and expert consulting services that help nuclear utilities and operators improve plant performance and reliability, as well as increase the efficiency of refueling outages, decommissioning and waste-management activities.

Financial terms of the transaction were not disclosed.

“We are in the middle of a nuclear-energy renaissance that requires increasingly specialized expertise and innovative solutions to meet today’s energy demands and support long-term national energy security and the energy transition,” said Mark Spender, a partner at Bernhard Capital. “The combination of DEI with Allied and RSCS creates a leading platform delivering safe, mission-critical and cost-effective services and technology for a diverse and growing base of operator and power generation clients.”

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