Announced
Completed
Synopsis
MidOcean Partners, an alternative asset manager, completed the acquisition of SI Solutions, a provider of engineering, testing, inspection, compliance and maintenance services, digital solutions, and expert consulting for power and critical infrastructure end markets. Financial terms were not disclosed. “SI is a proven industry leader with a stellar track record of serving the power and critical infrastructure markets and delivering superior engineering and specialty services to its clients. The company has experienced tremendous growth to date and we see numerous opportunities for further growth through organic initiatives and strategic acquisitions, including expanding its service offerings and entering new markets. We look forward to working closely with the SI leadership team to deepen the company’s relationships with its existing clients and build its market position,” Elias Dokas, MidOcean Managing Director.
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