ORIX Capital Partners has announced the acquisition of Peak Utility Services Group (Peak), a Denver-based provider of maintenance, repair, upgrade and installation services for the telecom, electric and natural gas infrastructure markets in the Pacific Northwest and Intermountain West regions of the United States, the company said.
Peak provides its comprehensive suite of services through three operating units: SiteWise, Track Utilities and Kelly Cable. Collectively, the company serves its customers through 22 locations with a highly trained workforce of nearly 1,000 employees. As a provider of utility services, the company has received numerous awards, outpacing the industry with advancements in safety, quality, customer service and strategic decision-making.
Harris Williams & Co. served as financial adviser and Kirkland & Ellis LLP served as legal adviser to Peak. Weil, Gotshal & Manges LLP served as legal adviser to ORIX Capital Partners.
Peak is a utility services provider serving the natural gas, telecom and electric utility markets in the Pacific Northwest and Intermountain West regions of the United States. For more information, visit www.peakusg.com.
ORIX Capital Partners makes direct control private equity investments that support growth and performance among established middle-market companies throughout North America. The team´s expertise spans industries including industrials, infrastructure services, transportation and business services. ORIX Capital Partners is a business unit of ORIX Corporation USA (ORIX USA), a Dallas-based financial services firm. ORIX USA´s parent company, ORIX Corporation, is a publicly owned international financial services company with operations in 38 countries and regions worldwide. For more information, visit www.orixcapitalpartners.com.