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New Deal


Announced

Completed

Bernhard Capital-backed Allied Power completed the acquisition of Dominion Engineering.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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engineering consulting services

Private Equity

Completed

Single Bidder

United States

Engineering Consulting

Acquisition

Domestic

Private

Majority

Friendly

Synopsis

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Bernhard Capital-backed Allied Power, a full-service provider of power plant services spanning the entire asset life cycle, completed the acquisition of Dominion Engineering, a provider of innovative equipment, technology, and consulting services. Financial terms were not disclosed. "We are delighted to welcome DEI and their entire team of nuclear professionals to the Allied family. DEI's ability to make nuclear reactor operation, maintenance, and waste management safer and more cost-effective directly complements the Allied footprint of work in the nuclear power industry. We look forward to growing this footprint by utilizing the deep nuclear industry expertise of DEI," Dean Sack, Allied Power CEO.

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