Bernhard Capital Partners (BCP), a services and infrastructure-focused private equity management firm, has acquired TechServ, a utility service provider of engineering, oversight, telecommunication design, joint use and storm support services.
With this investment, BCP has established a new platform focused on utility engineering and consulting, which will be strategically positioned to support grid modernization and expansion efforts across the electric power and telecommunication sectors.
Founded in 1992 and based in Tyler, Texas, TechServ operates across 21 states with more than 850 employees. The company provides construction-oversight services, utility and telecommunication engineering and design, damage assessment and joint-use coordination to power delivery utilities, and telecommunication asset owners.
“We are proud to partner with TechServ to build a best-in-class platform that will meet the growing needs of utilities and telecom providers across the
