Deal / AcquisitionPrivate Equity10/10/2024
Kian-Backed SPATCO Energy Solutions Deepens Electrical and Environmental Capabilities with Acquisitions of Hobby Electric and UST Services Corporation
Kian Capital Partners →SPATCO completed the acquisition of Hobby Electric. The October 2024 announcement identifies Hobby and UST as the second and third acquisitions after the July continuation transaction, adding electrical and environmental services. SPATCO completed the acquisition of UST Services Corporation. The October 2024 announcement identifies Hobby and UST as the second and third acquisitions after the July continuation transaction, adding electrical and environmental services.