New York-based private equity firm Harvest Partners completed the sale of BHI Energy, Inc., to AE Industrial Partners, a Florida-based private equity firm.
The terms of the transaction were not disclosed.
Founded over 35 years ago and led by Bob Decensi, CEO, BHI Energy has provided critical on-site services necessary to support the daily operations, routine maintenance and capital investment requirements for the power generation, oil & gas and electricity transmission & distribution end markets. The company’s diverse customer base is comprised of blue-chip utility and energy companies.
The company’s service offering includes specialized maintenance services, full-service radiation protection services and staffing solutions.