Tailwind Capital Sells Loenbro

Tailwind Capital, a private equity firm specializing in lower middle market services companies, has successfully completed the sale of Loenbro, LLC, a leading provider of specialized services in the infrastructure, data center, industrial, and energy markets. The sale to Braemont Capital marks a significant milestone in Tailwind's sector-focused investment strategy. With its strong reputation and impressive track record, Loenbro is poised for continued growth and success under new ownership.

Founded in 1998 and based in Westminster, Colorado, Loenbro has established itself as a leader in the high-growth Mountain West region. The company has a large market opportunity across its core capabilities and end markets. Loenbro is known for its industry-leading expertise, expansive footprint, and employee-centric culture. Its solutions focus on recurring maintenance and high-growth new build and retrofit work, all benefiting from strong secular tailwinds. During its ownership, Tailwind facilitated four add-on acquisitions for Loenbro, leading to significant end-market diversification.

Nick Cincotta, Principal at Tailwind Capital, praised Loenbro's exceptional reputation and technical capabilities, emphasizing their commitment to excellence and safety. He expressed gratitude for the collaborative partnership during Tailwind's ownership and wished the company continued success as they scale under new ownership.

Loenbro's CEO, Daniel Cowan, expressed gratitude for Tailwind's support over the years and excitement for the company's next phase of growth with Braemont Capital as their partner.

Financial advisory services for the sale were provided by Stifel and BlackArch Partners, while legal counsel was provided by Davis Polk & Wardwell LLP for Tailwind and Loenbro, and Kirkland & Ellis LLP for Braemont Capital.

About Loenbro:

For over 20 years, Loenbro has been a trusted provider of specialty technical services, delivering comprehensive solutions for customers in data center, industrial, and infrastructure markets. Their services include electrical, mechanical, and structural services, instrumentation, inspection, and other maintenance and construction-related services. With headquarters in Westminster, CO, Loenbro has a strong presence across the western United States. To learn more about Loenbro, please visit their website at www.loenbro.com.

About Tailwind Capital:

Tailwind Capital is a private equity firm focused on investing in U.S. lower middle market services companies within the Infrastructure Services, Supply Chain, and IT Services sectors. Their value creation model centers around the Buy and Build investment strategy, which aims to scale lower middle market businesses through strategic acquisitions and operational investments. This includes resourcing, operational improvements, technology implementation, and talent investment. Tailwind Capital has a strong track record, having invested $4 billion in over 270 acquisitions, including 51 platform companies and over 220 add-on acquisitions. To learn more about Tailwind Capital, please visit their website at www.tailwind.com.

In conclusion, the sale of Loenbro by Tailwind Capital signifies another successful investment for the private equity firm. Loenbro's strong market position and technical expertise, combined with Braemont Capital's partnership, are expected to drive continued growth and success for the company. Tailwind Capital's sector-focused investment strategy continues to generate favorable outcomes and contribute to the growth of lower middle market services companies in the United States.