Announced
Completed
Financials
Tags
Majority
Friendly
Private
Acquisition
energy supply
Completed
Electricity Distribution
Private Equity
United States
Domestic
Single Bidder
Synopsis
Boyne Capital-backed Pilot Power Group, an electric utility company, completed the acquisition of Trebel Energy, an energy supplier. Financial terms were not disclosed. "Trebel has an outstanding reputation in the Ohio market amongst its long-standing customers as a best-in-class partner to CCAs, and we're pleased to partner with Trebel's founder, Scott Belcastro, to continue building on his vision. We believe that Pilot Power Group will help enhance Trebel's offering by expanding services and capabilities. This new partnership is highly synergistic, with the customer winning," Derek McDowell, Boyne Managing Partner and CEO.
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