Pike Corporation-backed United Grid Solutions completed the acquisition of Power Delivery Business Unit from CriticalPoint Capital-backed United Engineers and Constructors.

Pike Corporation-backed United Grid Solutions, a construction management company, completed the acquisition of Power Delivery Business Unit from CriticalPoint Capital-backed United Engineers and Constructors, an infrastructure engineering company. Financial terms were not disclosed. "The Power Delivery Group executed numerous meaningful projects and made tremendous contributions to further the energy transition and resiliency of the nation's electrical grid. Under Scott's exceptional leadership, the team has accomplished many significant milestones on an accelerated timeline. We believe the Power Delivery Group is well-positioned to continue its growth trajectory as part of Pike and the team will thrive well into the future," Brad Holtmeier, CriticalPoint Partner.