Capstreet completed the acquisition of TOPS Field Services.

Capstreet, a lower middle market private equity firm, completed the acquisition of TOPS Field Services, an independent, multi-OEM service provider delivering full-spectrum turbine and generator maintenance capabilities for major independent power producers, utilities, LNG and other industrial companies. Financial terms were not disclosed. “As a founder-owned, Houston-area industrial service provider, TOPS is a strong fit for Capstreet. The Company is a well-established provider in the power generation and LNG maintenance sector and is well-positioned to benefit from rising power demand driven by AI and electrification trends. We look forward to working with Toby Wooster and the management team to continue to build a comprehensive MRO services provider serving a diverse set of power-intensive end markets,” Paul De Lisi, Capstreet Partner.