Pearce Services Announces Partnership with New Mountain Capital

Headquartered in Paso Robles, California, Pearce Services provides turnkey, mission-critical technical services for advanced telecommunication networks. The company offers recurring maintenance, diagnostics and repair of telecommunications infrastructure (e.g., HVAC and generator systems, lines and antennas); turnkey technical programs focused on the refurbishment, retrofit and installation of cabinets and central office infrastructure; and engineering services to design wireline network layouts. Pearce’s services enable its customers to optimize network uptime and resolve high-cost-of-failure, service-affecting issues across growing and increasingly complex wireless and wireline telecommunications networks.

Pearce also announced the simultaneous acquisition of MaxGen Energy Services and World Wind & Solar. The combination creates the leading technology-enabled platform providing outsourced field and engineering services for distributed electromechanical infrastructure assets. The combined business, which will be known as “Pearce Services,” has over 1,200 skilled technicians and engineers across the nation.

Bret Forster, CEO of Pearce, commented, “Lincoln is a highly valued advisor that provided an exceptional result for Pearce and its shareholders. This is an exciting time in Pearce’s history, and we are confident that New Mountain’s proven track record of business building and supporting management teams will help us accelerate the company organically and become the employer and acquiror of choice in the industry. We look forward to our partnership and the benefits it will yield for our customers, employees and industry partners.”

Lincoln acted as the exclusive financial advisor to Pearce, working closely with shareholders and the management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

Pearce Services New Mountain Capital 2020
  • 2020
    Close Year
  • Business Services | Energy, Power & Infrastructure
    Industry
  • PE Backed
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA
    Countries
Lincoln’s deep understanding of the infrastructure services sector enabled us to convey the uniqueness of Pearce’s technology-enabled service offering and was key in delivering attractive options for shareholders and finding the best partner for management.
Ben Krick
President of Pearce

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