BHI Energy - M&A Summary, Ownership, and Business Overview

Business ServicesCompany

BHI Energy M&A Summary

BHI Energy has acquired 5 companies of its own, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

BHI Energy has acquired in 5 different US states. The Company’s most targeted sectors include engineering (40%) and business services (20%).

BHI Energy Ownership

Who owns BHI Energy?

BHI Energy is owned by Westinghouse Electric. It was acquired on April 14, 2022.

Was BHI Energy formerly PE-backed?

Yes. BHI Energy was formerly owned by 5 private investors.

BHI Energy Business Overview

Where is BHI Energy headquartered?

BHI Energy is headquartered in Weymouth, Massachusetts.

What sector is BHI Energy in?

BHI Energy is a business services company.

When was BHI Energy founded?

BHI Energy was founded in 1979.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

BHI Energy

Bartlett Holdings, Inc.

97 Libbey Industrial Parkway, 4th Floor,
Weymouth, Massachusetts 02189
United States,
(800) 225-0385
www.bhienergy.com

BHI Energy is a provider of on-site specialty maintenance, radiation protection, and staffing services to the power-generation industry. BHI’s business model is proven to build longstanding relationships with customers through the alignment of operating objectives and the ability to help customers effectively manage and service their assets across power generation, oil & gas, and electricity transmission and distribution sectors. BHI Energy was founded in 1979 and is based in Weymouth, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 4 1 - - - - 5
Sell (0.2/yr) # - - - 1 - - 1
  6

Most Recent M&A

Company Date Value Type
BHI Power Delivery 2022-09-28 - Divestiture
, Florida
Coastal Electrical Construction 2020-08-11 - Add-on Acquisition
Flomaton, Alabama · www.coastalelectricalconstruction.com
Plaska Transmission Line Construction LLC 2019-11-13 - Add-on Acquisition
Amarillo, Texas · www.plaskacontractors.com
D&D Power, Inc. 2018-06-26 - Add-on Acquisition
, United States
AMES Group LLC 2012-09-19 - Add-on Acquisition
Wilmington, North Carolina · www.yourpriority.com
WeldTech Services Corp. 2012-04-30 - Add-on Acquisition
Lawrenceville, Georgia · www.weldtechservices.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Engineering 2 (40%) - - -
Business Services 1 (20%) - 1 (100%) -
Construction 1 (20%) - - -
Utilities 1 (20%) - - -
Total 5 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 5 - 1 -
  Georgia 1 - - -
  Alabama 1 - - -
  Texas 1 - - -
  North Carolina 1 - - -
  Florida - - 1 -
Total 5 - 1 -

Top M&A Advisors

Financial Deals
BNP Paribas Corporate and Investment Banking
1
Legal Deals
Akerman Senterfitt LLP
2

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)
Divested to
Strategic(s)
100%
1 (100%)

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