EQT completed the acquisition of Osmose Utilities Services from Kohlberg.

EQT Infrastructure completed the acquisition of Osmose Utilities Services, a provider of inspection, maintenance and restoration services for US utility and telecommunications infrastructure, from Kohlberg. Financial terms were not disclosed. “Osmose is unique among utility services businesses due to its strong infrastructure characteristics and fits perfectly within EQT Infrastructure’s approach of targeting high-quality, stable businesses with transformation potential. We have been impressed with the Company’s historical growth trajectory and ongoing transformation fueled by a data-based sales strategy. We are excited by the opportunity to help shape the next phase of growth for Osmose, together with an exceptionally talented group of people led by CEO Ron Childress and supported by an outstanding executive management team,” Erwin Thompson, EQT Partner.