[Context: On December 5, Simmons & Co. announced that it had advised Mesa Line Services in its sale to AEA Investors. Further details and related links are below.]
Simmons advises Mesa Line Services on a recent transaction
12/5/2017 – Transaction Information: Mesa Line Services, LLC (“Mesa”) has been acquired by AEA Investors (“AEA”).
Mesa is a family-owned utility services provider focusing on rebuild, maintenance and new construction of transmission, substation and distribution infrastructure. Mesa is led by two industry veterans with nearly 60 years of experience in the transmission and distribution industry who have quickly established the company as a quality vendor to blue-chip utilities. Founded in 2014 and headquartered in Alvin, Texas, Mesa operates in Texas, Oklahoma, Louisiana, Arkansas and New Mexico.
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA’s active individual investors include an extraordinary network of more than 75 of the world’s leading industrial families, business executives and former government leaders. Today, AEA’s approximately 60 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $10.0 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across four sectors: value added industrial products, specialty chemicals, consumer/retail and services.