UC Synergetic

UC Synergetic is a provider of engineering and design services for electric utilities, with a focus on distribution power line projects, including storm assessment and inspection services and a provider of engineering and design services for the communications industry.

a portfolio company of

has been acquired by

Engineering Services

Situation

The shareholders of UC Synergetic retained BlackArch to realize a sale of the company and find a strategic partner that would value company’s high-level engineering and design capabilities.

BlackArch’s Customized Solution

BlackArch presented the opportunity to a broad range of financial and strategic buyers, using a targeted roadshow process to focus on key potential partners. BlackArch introduced the opportunity to Pike Electric Corporation (NYSE: PIKE) and positioned UC Synergetic as essential to expanding Pike’s footprint in key markets and its outsourced engineering capabilities.

Outcome

UC Synergetic was acquired by Pike Electric Corporation.

Industries:

Business Services, Energy & Industrial Services

Location:

Charlotte, NC

Transaction type:

Sellside Advisory