Oaktree Capital Management to acquire a majority stake in Enercon Services from AE Industrial Partners.

Oaktree Capital Management, an investment company, agreed to acquire a majority stake in Enercon Services, a multi-disciplinary engineering and environmental services firm, from AE Industrial Partners, a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets. "Over the course of our ownership, we worked closely with the Enercon team to build upon its strong foundation and expand its service offerings and geographic reach. Enercon has solidified its position as a leader in specialized engineering services, and we believe that the Company is well positioned to benefit from the attractive tailwinds in its energy and environmental end markets," Michael Greene, AEI Managing Partner.