Articles from Greenbelt Capital Partners

Saber Power Services, LLC (“Saber Power”) today announced the acquisition of inoLECT, LLC (“inoLECT”), a leading electrical engineering and field services firm that provides a wide range of integrated electrical power system products and services.

Saber Power Services, LLC, (“Saber” or the “Company”), a fully integrated, substation and medium-to-high-voltage infrastructure services platform, announced today that an investor group led by Greenbelt Capital Management L.P. (“Greenbelt” or “Greenbelt Capital Partners”), in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc., has completed their acquisition of the Company from funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Key members of Saber’s management team will continue to own a significant stake in the Company. Greenbelt secured debt and equity financing to support the acquisition from Blackstone Credit.