Announced

Completed

Blackstone completed the acquisition of RE Tech Advisors and Therma from Gemspring Capital.

Synopsis

Blackstone completed the acquisition of RE Tech Advisors, an energy and sustainability consulting firm, and Therma, a speciality mechanical, electrical and controls services company, from Gemspring Capital, a private equity firm. RE Tech will be integrated into Therma and the combined company will offer customers a comprehensive suite of sustainability, carbon reduction, and energy management services. Financial terms were not disclosed. “We are strong believers in the continued growth of technology, healthcare and data center end-markets and look forward to partnering with the Therma and RE Tech teams on growing the business and solving the complex energy efficiency needs at mission-critical facilities across the US,” Bilal Khan, Blackstone Senior Managing Director.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US