Announced
Financials
Sources
Tags
Pending
Private
Friendly
Domestic
Private Equity
Diversified Industrials
diversified industrial products
United States
Acquisition
Single Bidder
Majority
Synopsis
The Blackstone Group agreed to acquire Sabre Industries, a designer and manufacturer of highly-engineered, mission-critical overhead steel poles, towers, battery storage solutions, from private equity firm The Jordan Company. Financial terms were not disclosed. "Sabre is the most recent in a series of investments by Blackstone Energy Partners in critical energy infrastructure and essential services needed to help deliver cleaner, more reliable and affordable energy, and an example of Blackstone’s ongoing commitment to invest in the entrepreneurs and businesses who will help lead America’s energy transition," David Foley, Blackstone Global Head of Energy Partners.
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