TAMPA, Fla.--(BUSINESS WIRE)--Verdantas, a leading consulting firm providing technical and digitally enabled solutions for sustainable outcomes across the environment, water, and energy transition markets backed by Sterling Investment Partners, is thrilled to announce the acquisition of ASEC Engineers (ASEC). Based in Denver, Colorado, ASEC is solely focused on the power delivery and renewable energy market sectors and is renowned for its expertise in electrical transmission, substation, structural and distribution design.
For over 33 years, ASEC has built a strong reputation as a trusted partner in the power delivery industry. Initially founded to provide consulting engineering services for electrical transmission towers and poles, ASEC quickly gained a reputation for industry-leading technical aptitude and utility-friendly practical solutions. Over the years, this capability has been complemented by adding full transmission, substation and distribution engineering and design-related project services.
Jesse Kropelnicki, CEO of Verdantas, stated, “We are excited to welcome ASEC Engineers to the Verdantas team. By combining Verdantas’ expertise in front-end site preparation and permitting with ASEC’s comprehensive project engineering capabilities, we are now positioned to manage the complete project lifecycle from inception to completion on power delivery projects. ASEC’s expertise in power utility projects and renewables, combined with its ISO 9001-2015 certified quality management system, enhances our ability to deliver innovative and sustainable solutions.”
“Joining the Verdantas team will significantly enhance ASEC’s ability to serve our power and renewable clients across the United States. With Verdantas’ robust presence nationwide, we are poised to expand our operations and capitalize on the growing opportunities in the power and renewable energy sectors. This partnership not only strengthens our service capabilities but also offers substantial opportunities for the personal and professional growth of our 130 staff members,” said Landon Schulze, PE, President of ASEC.
James Soldano, Partner at Sterling Investment Partners, said, “The acquisition of ASEC Engineers is a significant step in our ongoing strategy to broaden Verdantas’ capabilities and market presence in the energy transition space. ASEC’s offices in Colorado, California, Florida, Texas and Pune, India, significantly expand the company’s geographic footprint, increasing bench strength and allowing us to efficiently scale operations and serve our country's needs for low carbon solutions. We are confident that the combined strengths of Verdantas and ASEC will deliver exceptional value to our clients and stakeholders.”
This acquisition marks a pivotal moment for Verdantas, uniting two people-focused firms with complementary strengths. Verdantas’ environmental, civil, geotechnical, and digital scanning expertise, combined with ASEC’s proven capabilities in detailed design of transmission, distribution, and substation projects, creates an entity poised to address the evolving needs of the power sector. Now, Verdantas has the privilege of serving 9 of the top 10 investor-owned power utilities in the US. This partnership paves the way for pioneering advancements and underscores a shared commitment to shaping a sustainable future as responsible stewards of the environment.
About Verdantas
Verdantas is a leading consulting firm providing technical and digitally enabled solutions for sustainable development across the environment, water, and energy transition markets. Blending balanced strengths in environmental and engineering expertise, we partner with clients and communities to create comprehensive solutions that contribute to a sustainable future. With a team of nearly 1,700 professionals nationwide, we harness diverse skills and innovative technologies to address complex challenges, protect vital resources, and foster resilient communities. For more information, visit www.verdantas.com.
About Sterling Investment Partners
Sterling Investment Partners is a leading private equity firm that has been building leading middle-market companies for over 30 years with a highly experienced, cohesive team of senior investment professionals. Sterling focuses on control investments in value-added distribution and business services, acquiring businesses that the firm believes have strong, sustainable competitive advantages and significant opportunities for value creation. Over its history, Sterling has completed over 230 transactions, representing over $30 billion in aggregate value, and was recently ranked a Top 10 performing middle market private equity firm globally by Dow Jones-HEC Paris. For more information, visit www.sterlinglp.com.
