Kohlberg & Company to acquire a majority stake in Loenbro from Braemont Capital.

Kohlberg & Company, a private equity firm, agreed to acquire a majority stake in Loenbro, a specialized infrastructure services provider, from Braemont Capital, an investment firm. Financial terms were not disclosed. “We are thrilled to partner with Kohlberg as we pursue the next phase of our ambitious vision for Loenbro. This investment will strengthen our capabilities as we build a best-in-class national platform to deliver reliable outcomes for our customers across industries,” Daniel Cowan, Loenbro President & Chief Executive Officer.