Bernhard Capital Partners (BCP) recently agreed to sell United Utility Services to Sandbrook Capital, in partnership with funds managed by Blackstone Credit & Insurance. Financial terms were not disclosed.
United Utility is a provider of outsourced electric grid infrastructure services to investor-owned utilities, cooperatives and municipalities across the United States. The company delivers end-to-end solutions spanning engineering and design, testing, maintenance, and construction across customers’ distribution, transmission and substation networks.
With utilities committing record levels of capital to power delivery infrastructure, United Utility expects to deepen its role as a strategic partner on large, programmatic resiliency initiatives, while continuing to support day-to-day maintenance and emergency response across its footprint.
“Our team has spent the last several years building United Utility into an integrated platform that our utility partn
