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Announced

Completed

Asplundh completed the acquisition of Voltyx from Arcline.

Synopsis

Asplundh, a provider of safe, cost-effective, and environmentally sustainable vegetation management and utility infrastructure services, completed the acquisition of Voltyx, a provider of apparatus testing, engineering and design, repair, maintenance, commissioning, and equipment assembly services, from Arcline, a private equity firm. Financial terms were not disclosed. “We’re excited to welcome Voltyx to the Asplundh family of companies. Voltyx’s expertise in the substation and transformer services market will help us expand the already excellent, safe and cost-effective services we provide to our current customers as One Asplundh. We look forward to working together with Voltyx’s employees and customers toward continued growth and success," Matt Asplundh, Asplundh CEO.

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