NewsMV
A majority investment by Greenbelt Capital Partners in Bowe & Gant brings a named private equity sponsor into one of the Northeast's electrical and energy infrastructure services businesses.
Greenbelt Capital Management L.P. disclosed the transaction on July 20.
The founder-led management team at Bowe & Gant retains a significant equity stake and continues in an operating role, with no financial terms made public. The deal structure Bowe & Gant is based in Sewell, N.J.
Greenbelt's announcement describes the company as a leading provider of electrical and energy infrastructure services across the Northeast. The management retention piece is worth reading carefully.
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