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Synopsis
BayHawk Capital, a growth-oriented private equity firm, completed an investment in Gridco, a provider of mission-critical utility services, operating a platform that delivers distribution, transmission, substation, lighting, and engineering services. Financial terms were not disclosed. “This partnership marks a pivotal next step in Gridco’s growth and evolution. This capital investment will allow us to further expand our customer-centric service model and to continue providing compelling growth opportunities for our team of over 350 skilled professionals. We are excited to partner with the BayHawk team and believe the combination of their sector expertise in the electric utility space and shared vision for the potential of our platform will play a key role as we work toward our goal of being a national provider of best-in-class utility services,” Brad Weaver, Gridco CEO.
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