Bernhard Capital Partners is an infrastructure firm established in 2013 and headquartered in Baton Rouge, Louisiana, with an additional office in Brentwood. Founded by Jim Bernhard, Jeff Jenkins, and a team of seasoned private equity professionals, the firm specializes in energy services, focusing on investments in electric, gas, water, and wastewater utilities. Bernhard Capital Partners aims to create sustainable value by leveraging the extensive experience of its founding partners in acquiring, operating, and growing energy services businesses. The firm employs a value-added investment strategy, which encompasses providing strategic insights, operational efficiencies, and best-practice management to enhance the performance of its portfolio companies.
Managing Director and Member of the Investment Committee
22 past transactions
New Mexico Gas Company
Acquisition in 2024
New Mexico Gas Company is a utilities provider that delivers natural gas services to residential and business customers throughout New Mexico. The company operates an extensive network of approximately 12,000 miles of natural gas pipelines, enabling efficient door-to-door service. In addition to its core gas distribution, New Mexico Gas Company offers online bill payment options, enhancing convenience for its customers. The company is committed to providing a reliable and sustainable fuel source, supporting the energy needs of the communities it serves.
Apogee Engineering
Acquisition in 2024
Apogee Engineering, LLC is a management consulting firm based in Colorado and Ohio.
Elevation
Convertible Note in 2023
Elevation is a fully integrated residential energy solutions provider serving residents, enterprise clients, and electric utilities in multiple states.
Optimum Energy
Acquisition in 2023
Optimum Energy LLC is a software development company that specializes in energy optimization for heating and cooling systems. Founded in 2005 and headquartered in Seattle, Washington, the company offers a suite of solutions designed to enhance energy efficiency and reduce operational costs. Their flagship platform, OptiCx, enables customers to minimize energy consumption while maintaining optimal system performance. Additionally, Optimum Energy provides specialized software tools such as OptimumLOOP for optimizing centrifugal chilled water plants, OptimumAIR for automated management of air handlers, and OptimumHEAT for boiler plant optimization. The company's solutions are tailored for a variety of sectors, including healthcare, education, pharmaceuticals, data centers, and commercial buildings across North America. By leveraging data science and engineering expertise, Optimum Energy aims to help organizations achieve significant sustainability targets and improve operational effectiveness through continuous system optimization and real-time monitoring.
Duotech Services
Acquisition in 2023
Duotech Services specializes in engineering and technology solutions, focusing on repair and remanufacturing for military and aerospace equipment. The company provides a comprehensive array of repair and sustainment services for radar systems and military aircraft-related technologies. In addition to proprietary radar products, Duotech Services supports both military and civilian agencies by offering extensive maintenance and engineering solutions. Their expertise enables the modernization of legacy radar systems through depot repairs, targeted upgrades, and retrofitting, catering to both aerospace and commercial users of electronic and electromechanical equipment.
Boston Government Services
Acquisition in 2022
Boston Government Services is an engineering, technology, and security firm that specializes in providing mission-focused solutions to the federal government and the commercial energy sectors. The company offers a range of services, including nuclear safety engineering, compliance assessments, program management support, and project support. These services are designed to enhance national security and competitiveness while promoting a sustainable and healthy environment. Through its expertise, Boston Government Services addresses complex challenges faced by government entities and contributes to the effective management of critical infrastructure.
Grace Hebert Curtis Architects
Private Equity Round in 2022
Grace Hebert Curtis Architects is a professional firm specializing in architecture and design services. The company offers a comprehensive range of services, including architectural design, project management, and interior design, utilizing advanced building information modeling and project management software. It caters to a diverse clientele, working on functional and personal projects across various sectors, such as education, commercial office, industrial, and healthcare. By focusing on translating clients' ideas and requirements into practical and innovative spaces, Grace Hebert Curtis Architects aims to create environments that meet both aesthetic and functional needs.
Elevation
Series B in 2022
Elevation is a fully integrated residential energy solutions provider serving residents, enterprise clients, and electric utilities in multiple states.
RailWorks
Acquisition in 2021
RailWorks Corporation specializes in the construction and maintenance of rail transportation infrastructure across the United States and Canada. The company serves a diverse clientele, including Class I railroads, regional and short-line railroads, transit authorities, and private industries. RailWorks offers a wide range of services, including track installation, maintenance, and rehabilitation, as well as signal and communication systems. Its expertise extends to the design, engineering, testing, and start-up of heavy, commuter, and light rail systems, including automated people movers. Additionally, RailWorks provides construction services for transit facilities, encompassing civil, mechanical, and architectural finishes. Established in 1998 and headquartered in New York, the company operates through two main business units: Track and Transit & Systems, ensuring effective solutions for public transportation, power, and facility management sectors.
Gray & Company
Private Equity Round in 2021
Gray & Company is a financial services firm specializing in property, casualty insurance, and robotics services.
Allied Power Holdings
Acquisition in 2020
Allied Power Holdings is a comprehensive provider of power plant services, catering to the nuclear and fossil power generation sectors. Founded in 2017 and based in Baton Rouge, Louisiana, the company offers a wide range of services throughout the entire asset life cycle. Its offerings include routine maintenance, outage services, capital construction, welding, valve repairs, and specialized engineering services related to reactors and turbines. Allied Power is committed to delivering its services at competitive rates, ensuring that clients receive high-quality support tailored to their operational needs.
Ascension Wastewater Treatment
Acquisition in 2020
Ascension Wastewater Treatment is a sewer utility company based in Geismar, Louisiana, founded in 1994. The company manages around 230 lift stations and sewer treatment plants, serving developments in Ascension, Livingston, and East Baton Rouge Parishes. Through its infrastructure, Ascension Wastewater Treatment provides essential wastewater management services to the communities in these regions.
The Lemoine Company
Private Equity Round in 2019
The Lemoine Company Incorporated is a construction firm based in Lafayette, Louisiana, with additional offices in Baton Rouge and New Orleans. Founded in 1935, the company specializes in general contracting and construction management services across the Southeast, focusing on a diverse range of projects. Its portfolio encompasses minor interior renovations as well as complex commercial, education, healthcare, public, and industrial developments. The Lemoine Company provides a comprehensive suite of services, including project success planning, preconstruction, design and build, self-performed work, and disaster recovery. Its project experience spans various sectors, including arts and culture, civil and industrial, commercial and office spaces, education and government, healthcare and senior living, hospitality, sports and recreation, transportation, and tenant improvements. The Lemoine Company is committed to delivering high-quality construction solutions tailored to the needs of its clients.
W.A. Chester
Acquisition in 2018
W.A. Chester, L.L.C. is an electrical contractor based in Lanham, Maryland, specializing in the installation, maintenance, and repair of underground high voltage cable transmission and distribution systems. The company also provides services related to overhead distribution, substations, and communications. Its clientele primarily consists of electric utility companies and independent power producers across the United States. Originally known as Henry Ihle Company, W.A. Chester changed its name in 1955 and operates as a subsidiary of Exelon Generation Company, LLC.
United Utility Services
Acquisition in 2018
United Utility is a versatile utility services company that caters to North America's utility sector. It specializes in the installation, maintenance, and repair of electric transmission and distribution systems, as well as gas and pipeline delivery systems, telecommunications, and water distribution. The company aims to enhance customer service while fostering growth and creating value for its clients. By integrating various service providers in utility construction and maintenance, United Utility plays a crucial role in supporting and expanding essential utility services, ensuring reliable energy transmission and distribution across the region.
Engineering Testing Services
Acquisition in 2017
Engineering Testing Services (ETS) is an engineering firm that provides solutions to equipment problems using advanced hardware and software tools. Projects range from small process improvements to resolving highly complex dynamic behavior of large systems. As can be imagined the markets served are very diverse spanning the process industries, manufacturing, and municipal environments. The expertise of the principal engineer servicing these applications is based on an engineering career encompassing machine design, test and measurement, and engineering analysis. For the past twelve years ETS has provided solutions to many well-known fortune 500 companies and institutions and has earned the honor of business by referral.
Moreland Altobelli Associates
Acquisition in 2017
Moreland Altobelli Associates, Inc. is a civil engineering and program management firm based in Norcross, Georgia, with additional offices across several counties in Georgia, as well as locations in Florida and South Carolina. Established in 1987, the firm specializes in enhancing public infrastructure and facilities for local governments. Its services encompass a wide range of engineering disciplines, including transportation engineering and planning, structural engineering, geotechnical engineering, and stormwater management. The company also provides program management, land acquisition, and materials testing, along with surveys and mapping services such as boundary and topographic surveys. With a commitment to delivering comprehensive solutions, Moreland Altobelli Associates aims to address the diverse needs of its clients in the public sector.
PaveTex Engineering
Acquisition in 2017
PAVETEX Engineering LLC, founded in 2000 and based in Lubbock, Texas, specializes in infrastructure development, construction management, and project management services. The company provides construction materials engineering, testing, and inspection services, supporting a variety of projects, including airports and bridges. PAVETEX is committed to fostering long-term business partnerships through quality service and value, aiming to contribute to the development of Texas's infrastructure. With several accreditations and certifications for its testing laboratories, PAVETEX ensures that its work meets industry standards and client expectations.
ATC Associates
Acquisition in 2015
Established in 1982 in Sioux Falls, South Dakota, ATC Associates Inc. provides environmental consulting, industrial hygiene, geotechnical engineering, government services and construction-materials testing and special inspection with 70 locations throughout the United States and over 1,350 employees. ATC nurtures strong client relationships and referrals by consistently exceeding expectations through our professional, well trained, well-equipped and highly motivated team.
Brown & Root Industrial Services
Acquisition in 2015
Brown & Root Industrial Services LLC is a provider of comprehensive industrial maintenance, engineering, and construction services, primarily serving the refining, chemicals, petrochemicals, and manufacturing sectors. Founded in 1919 and headquartered in Baton Rouge, Louisiana, the company offers an extensive suite of services, including engineering, project management, procurement, and asset management. It specializes in capital construction as well as maintenance and commissioning services. Additionally, Brown & Root provides on-call construction and job order contracting solutions to governmental agencies, educational institutions, and healthcare facilities. The company operates across the United States, Mexico, and Canada and is a subsidiary of KBR, Inc.
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