Palladium Equity Partners, a middle market private equity firm, completed the acquisition of Trachte USA, a provider of engineered buildings, hardware and related solutions, for $169m. "We have been proactively seeking an investment in the Power and Utility space, and believe that Trachte is an ideal growth platform to execute this strategy. Trachte provides a highly engineered, total solution to its customers. The company's design engineering, project management and related value-added services and reputation for quality make it the provider of choice for leading utilities and equipment OEMs," Caleb Clark, Palladium Partner.