Add-on Acquisition • Energy Services and Equipment

Allied Power Acquires Dominion Engineering

On September 14, 2023, Allied Power acquired energy services and equipment company Dominion Engineering

Acquisition Context
  • This is Allied Power’s 1st transaction in the Energy Services and Equipment sector.
  • This is Allied Power’s 2nd transaction in the United States.
  • This is Allied Power’s 1st transaction in Virginia.

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M&A Deal Summary

Date September 14, 2023
Target Dominion Engineering
Sector Energy Services and Equipment
Buyer(s) Allied Power
Deal Type Add-on Acquisition
Advisor(s) Baird (Financial)
GreenbergTraurig (Legal)

Target Company

Dominion Engineering

Reston, Virginia, United States
Dominion Engineering provides innovative field service equipment and technology that help nuclear utilities and operators improve plant performance and reliability, and increase the efficiency of refueling outages, decommissioning and waste management activities. Dominion Engineering was founded in 1980 and is based in Reston, Virginia.
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Buyer Overview 1

Buyer

Allied Power

Baton Rouge, Louisiana, United States

Category Company
Founded 2017
Sector Business Services
DESCRIPTION

Allied Power provides a diversified range of services – from routine maintenance to outage services and management, capital construction and specialized support for power plants across the asset life cycle throughout the U.S. Allied Power was founded in 2017 and is based in Baton Rouge, Louisiana.


Deal Context for Buyer #
Overall 2 of 2
Sector: Energy Services and Equipment 1 of 1
Type: Add-on Acquisition 2 of 2
State: Virginia 1 of 1
Country: United States 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-14 Radiation Safety & Control Services

Seabrook, New Hampshire, United States

Radiation Safety & Control Services provides project management, technical, and laboratory services to the nuclear power industry, the Government, and other companies that use radioactive material. Radiation Safety & Control Services is based in Seabrook, New Hampshire.

Buy -