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Loenbro delivers a turnkey, single-source suite of industrial services across aerospace, chemical, manufacturing, oil and gas, and other sectors. It began as a Montana welding contractor and now combines inspection, industrial construction, insulation, instrumentation and electrical, pipeline, fabrication, and related services to manage projects from planning through commissioning. Its differentiator is its values-driven culture and ability to coordinate multidisciplinary work under one contractor, reducing client complexity. Its goal is to change how contractors are perceived by delivering reliable, ethical service and stewardship while expanding across industries.
Industries
Industrial & Manufacturing
Energy
Aerospace
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Westminster, Colorado
Founded
1998
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Kohlberg-Backed Loenbro purchases Prism Electric. Loenbro, a multi-craft provider of technical and specialized services to data center, infrastructure and industrial markets and backed by Kohlberg, has acquired Prism Electric in the largest acquisition in Loenbro's history. The combination expands Loenbro's electrical service capabilities and southern U.S. footprint while increasing its capacity to serve data centers, healthcare, advanced manufacturing, energy, aviation, commercial construction and industrial infrastructure. Founded in 1994, Prism Electric is an electrical contractor with a significant presence in Texas and Oklahoma. The company provides electrical construction services across healthcare, industrial, commercial and mission-critical projects and brings approximately 2,500 employees to Loenbro. Prism's addition significantly increases Loenbro's workforce and operating capacity in the southern U.S. and broadens the combined company's ability to execute complex electrical and specialty-services projects. Alvarez & Marsal served as due diligence advisor and Evercore as financial advisor to Loenbro, while Godfrey & Kahn served as legal counsel. Glaucon Partners served as financial advisor to Prism, and Hallett & Perrin served as its legal counsel. Golub Capital Names Matt Shafer to Lead GP-Led Secondaries Strategy He most recently served as head of Capital Solutions and U.S. Private Equity at Northleaf Capital Partners. To read the entire story, you must be logged in. Grupa Kęty Buys KPS Capital Partners-Backed Metra for $745M Metra is a manufacturer of extruded aluminum profiles and provides services including painting, oxidation, machining, welding and assembly. To read the entire story, you must be logged in. Arsenal Capital-Backed Endpoint Clinical Acquires Bluefin Bluefin is a Boston-based clinical supply forecasting and planning technology provider. To read the entire story, you must be logged in. Carlyle Closes $2.3B Infrastructure Credit Fund II CICF II provides financing to infrastructure businesses and assets. To read the entire story, you must be logged in.
Loenbro has acquired Prism Electric, a Texas and Oklahoma-based electrical contractor founded in 1994. The transaction marks Loenbro's largest acquisition to date and adds approximately 2,500 employees to its workforce. The acquisition expands Loenbro's electrical service capabilities and strengthens its presence across data centres, healthcare, advanced manufacturing, energy, aviation, and industrial infrastructure markets throughout the Southern United States. Prism specialises in electrical construction services across healthcare, industrial, commercial, and mission-critical projects. Members of Prism's leadership team will assume key operational roles within Loenbro's South Region. Daniel Cowan, chief executive officer of Loenbro, described the deal as "a transformational milestone" that will leverage complementary capabilities and an expanded geographic reach. Blake Combs, president of Prism Electric, will continue with the combined organisation.
Ares Management announces First Quarter 2026 U.S. Direct lending origination activity. By ValueTheMarkets May 01, 2026 Approximately $9.5 Billion in New Commitments Closed in the First Quarter and Approximately $53.0 Billion Closed in the 12 Months Ended March 31, 2026 NEW YORK, NY / ACCESS Newswire / May 1, 2026 / Ares Management Corporation (NYSE:ARES) announced today that Ares Credit funds (collectively "Ares") closed U.S. direct lending commitments of approximately $9.5 billion across 70 transactions during the first quarter of 2026 and approximately $53.0 billion across 348 transactions in the 12 months ended March 31, 2026. Below is a description of selected transactions that Ares closed during the first quarter of 2026. Encore Fire Protection / Permira Ares served as an administrative agent, and joint lead arranger for a senior secured credit facility to support Permira's continued growth plans for Encore Fire Protection. Encore Fire Protection is a provider of fire & life safety solutions including maintenance, inspection, repair, replacements and installation for alarm systems, sprinklers, and suppression equipment. Loenbro / Kohlberg Ares served as an administrative agent, lead arranger and bookrunner for a senior secured credit facility to support Kohlberg's acquisition of Loenbro. Loenbro provides a full suite of mission-critical electrical, mechanical, and structural services across industries supporting the nation's most essential infrastructure. North American Science Association / ARCHIMED Ares served as an administrative agent, lead arranger and bookrunner for a senior secured credit facility to support ARCHIMED's continued growth plans for North American Science Association. North American Science Association is a global leading independent contract research organization exclusively focused on the research and development of medical devices. Novaria / Arcline Ares served as a joint lead arranger and joint bookrunner for a senior secured credit facility to support Arcline's acquisition of Novaria. Novaria is a leading provider of niche engineered aerospace systems, fasteners, and coatings with ~86k SKUs offered across 22 operating businesses. People Corporation / Goldman Sachs Ares served as an administrative agent, joint lead arranger, and joint bookrunner for a senior secured credit facility to support Goldman Sach's continued growth plans for People Corporation. People Corporation is a national provider of group benefits, group retirement and human resource services based in Canada. Sunstar Insurance Group / Reverence Partners Ares served as an administrative agent, joint lead arranger, and joint bookrunner for a senior secured credit facility to support Reverence Partners' continued growth plans for Sunstar Insurance Group. Sunstar Insurance Group is an independent insurance brokerage firm focused on providing various coverage products to markets in the lower Midwest and Southeastern US. Team Car Care / Triple JJJ Ares served as administrative agent, sole lead arranger, and sole bookrunner for a senior secured credit facility and led a preferred equity investment to support Triple JJJ's acquisition of Team Car Care. Team Car Care is the largest operator within the Jiffy Lube system, providing professional automotive preventive maintenance including signature oil changes, tire rotations, brake services, battery replacements, and other routine vehicle care. TopGolf / Leonard Green & Partners Ares served as an administrative agent, joint lead arranger and joint bookrunner for a senior secured credit facility to support Leonard Green & Partner's acquisition of Topgolf. Topgolf is the #1 off-course golf experience featuring large tech-enabled entertainment complexes with all-weather hitting bays, a full bar and kitchen, and more. About Ares Management Corporation Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. ValueTheMarkets seek to advance its stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for its investors and within its communities. By collaborating across its investment groups, ValueTheMarkets aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2026, Ares Management Corporation's global platform had over $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
Loenbro, LLC (“Loenbro” or the “Company”), a provider of technical and specialized services to the data center and critical infrastructure markets, today ann...
Loenbro, LLC has acquired Weifield Group, a Colorado-based electrical services provider, to expand its electrical capabilities and geographic reach. This acquisition enhances Loenbro's ability to serve mission-critical infrastructure markets across the Mountain West, Texas, and Tennessee. Supported by Braemont Capital, which invested in Loenbro in February 2024, the acquisition strengthens Loenbro's platform for complex projects nationwide.
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Industries
Industrial & Manufacturing
Energy
Aerospace
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Westminster, Colorado
Founded
1998
Find jobs on Simplify and start your career today