Blackstone has agreed to make a majority investment in Westwood Professional Services, an engineering and design firm focused on renewables, power, real estate and public infrastructure end markets.
Blackstone will acquire its position in Westwood from Endurance Partners, with Westwood’s management team and employee shareholders retaining a minority stake. Financial terms were not disclosed.
Westwood provides front-end engineering design services supporting the development of renewable-energy generation, investment in the power grid and the continued buildout of public and private infrastructure across the United States.
“Westwood provides crucial expertise and resources to support the increasing adoption of renewables and investment in power systems throughout the U.S. and is well positioned to continue building upon its impressive growth,” said Darius Sepassi, senior managing director, and Mitchell Nimocks, managing director at Blackstone Energy Transiti
