Bernhard Capital Partners (BCP), a services and infrastructure private equity management firm, announced its acquisition of TechServ, a leading utility service provider of engineering, oversight, telecommunication design, joint use, and storm support services. With this investment, BCP has set up a new platform focused on utility engineering and consulting, strategically positioned to support grid modernization and expansion efforts across the electric power and telecommunications utility sectors.
Originally founded in 1992 and based in Tyler, Texas, TechServ operates across 21 states, employing more than 850 staff members. The company also offers construction oversight services, utility and telecommunications engineering and design, damage assessment, and joint use coordination to power delivery utilities and telecommunications asset owners.
TechServ’s services directly support utilities as they navigate system upgrades, grid hardening, and the electrification of transit, buildings, and data centers. And as power demand rises, driven in large part by artificial intelligence and digital infrastructure, utilities are increasingly outsourcing critical engineering and oversight functions to partners like TechServ.
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“We are proud to partner with TechServ to build a best-in-class platform that will meet the growing needs of utilities and telecom providers across the country, driven by the rapidly rising demand for power and data. The company’s safety-first culture, leading technical capabilities, client-focused business model, and experienced leadership team make it an ideal platform investment aligned with BCP’s blueprint for investing in essential infrastructure services.”
Mark Spender, Partner at BCP
“Our team has always focused on building a strong reputation for our commitment and service to our clients. Partnering with BCP will allow us to reinforce that commitment while accelerating our growth and expanding our capabilities. This partnership positions TechServ to lead in a rapidly evolving infrastructure landscape, and we are excited to begin this next chapter of growth.”
Randall Wisenbaker, CEO of TechServ
