American Securities completed the acquisition of CS Energy from Ares Management and The Conti Group.

American Securities, a private equity firm, completed the acquisition of CS Energy, an integrated energy firm, from Ares Management, a global alternative investment manager, and The Conti Group, a construction engineering company. Financial terms were not disclosed. "CS Energy is extremely excited to be partnering with American Securities through our next phase of growth. Our management team and strategy will remain consistent on a go-forward basis and we are excited to continue to grow our business by continuing to execute great projects for our customers," Matthew Skidmore, CS Energy CEO.