Utility Services

Building a leading utility and infrastructure services platform to capitalize on secular tailwinds, including aging infrastructure and increasing demands on the U.S. power grid. Sparus retained Normandy Advisors to build and execute a strong M&A pipeline for service and geographic expansion.

Leveraging a proprietary origination process, Normandy created a target list of companies, providing outsourced utility field services, including inspection/calibration, pipeline integrity, engineering, utility locating, metering, and related services.

Normandy created a list of 300+ vetted acquisition candidates, spoke with over 100 owners, and made over 40 qualified introductions to Sparus, resulting in 1 transformational acquisition and additional near-term actionable opportunities.