M&A Deal Summary

Jumana Capital Acquires Bright Star Solutions

On March 1, 2023, private equity firm Jumana Capital acquired construction company Bright Star Solutions

Acquisition Highlights
  • This is Jumana Capital’s 1st transaction in the Construction sector.
  • This is Jumana Capital’s 1st transaction in the United States.
  • This is Jumana Capital’s 1st transaction in Texas.

M&A Deal Summary

Date 2023-03-01
Target Bright Star Solutions
Sector Construction
Buyer(s) Jumana Capital
Deal Type Recapitalization
Advisor(s) Romanchuk & Co. (Financial)

Target

Bright Star Solutions

Sour Lake, Texas, United States
Bright Star Solutions is a provider of construction and maintenance services for overhead and underground electrical transmission and distribution systems for investor-owned utilities, regional co-ops, local municipalities and industrial customers. Bright Star Solutions was founded in 2009 and is based in Sour Lake, Texas.

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Buyer(S) 1

DESCRIPTION

Jumana Capital is a private investment firm that looks to partner with entrepreneur-led companies across the US. The Firm will consider a variety of investment situations including majority and minority recapitalizations, growth financings, and corporate divestitures. Its sector expertise spans business services, industrials, infrastructure services, healthcare, manufacturing, distribution, and technology. Jumana Capital was founded in 2018 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 1 of 4
Sector: Construction M&A 1 of 2
Type: Recapitalization M&A Deals 1 of 2
State: Texas M&A 1 of 1
Country: United States M&A 1 of 4
Year: 2023 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-20 Outsource

Los Angeles, California, United States

Outsource is a provider of overhead and underground electrical distribution and transmission infrastructure solutions across the Western United States. Outsource was founded in 2012 and is based in Los Angeles, California.

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