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Transactions - JANUARY 5, 2021

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Takkion acquires Renew Energy 

by Kali Persall

Takkion Holdings, a portfolio company of funds managed by affiliates of Apollo Global Management, has acquired South Dakota–based Renew Energy, a provider of operations and maintenance solutions serving the renewable energy market.

Renew will complement Takkion's logistics and transportation services companies Transportation Partners & Logistics and Global Specialized Services. With the addition of Renew, Takkion will look to provide the market with a comprehensive solution for managing the complex logistics, supply chain, transportation management, operations and maintenance of wind and solar energy infrastructure.

“Renew's extensive wind power operations and maintenance services, its deep engineering and R&D talent, and its unique remanufacturing capabilities complement Takkion's capabilities and position us for market leadership,” said Scott Prince, CEO of Takkion. “As the premier provider in logistics, supply chain, transportation management and O&a

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