GCM Grosvenor and Blue Wolf Capital to acquire Hallcon from Novacap.

GCM Grosvenor, a global alternative asset management solutions provider, and Blue Wolf Capital, a New York-based private equity firm, agreed to acquire Hallcon, a North American provider of mission-critical transportation services and infrastructure, from Novacap, a Canadian private equity firm. Financial terms were not disclosed. "We are very excited to partner with GCM Grosvenor and Blue Wolf as we accelerate the growth of our services in new geographies and expand our EV charging network across North America. Their commitment to supporting the construction of critical EV infrastructure makes them the right partners for Hallcon, and we look forward to leveraging their relationships, resources, and expertise as we execute on our growth strategy," John R. Stoiber, Hallcon President and CEO.