Greenbelt Capital Management L.P. announced on July 20 that it has made a majority investment in Bowe & Gant Electrical Services, a provider of non-discretionary electrical and energy infrastructure services across the Northeast.As part of the transaction, Bowe & Gant’s co-founders will retain an equity stake alongside Greenbelt and will continue to lead the company. Terms of the transaction were not disclosed.Founded in 2014 by industry veterans Vincent Bowe and Gabriel Gant, Bowe & Gant is a founder-owned, f...
Greenbelt Capital Management L.P. announced on July 20 that it has made a majority investment in Bowe & Gant Electrical Services, a provider of non-discretionary electrical and energy infrastructure services across the Northeast.
As part of the transaction, Bowe & Gant’s co-founders will retain an equity stake alongside Greenbelt and will continue to lead the company. Terms of the transaction were not disclosed.
Founded in 2014 by industry veterans Vincent Bowe and Gabriel Gant, Bowe & Gant is a founder-owned, full-lifecycle electrical and energy services provider. The Sewell-based company provides mission-critical solutions, including substation services; electrical testing and maintenance; high-, medium-, and low-voltage power distribution; and renewable energy installation and interconnection.
Bowe & Gant serves data centers, utilities, renewables and general industrial. The company employs about 200 employees, supported by partnerships with IBEW locals across New Jersey and Pennsylvania.
“Partnering with Greenbelt marks an exciting new chapter for Bowe & Gant,” said Bowe, chief executive officer of Bowe & Gant. “Since Gabe and I founded the company, our mission has been simple: build an organization known for technical excellence, uncompromising safety, and delivering when our customers need us most. Greenbelt shares our long-term vision of investing in our people, expanding our capabilities, and building a premier electrical and energy infrastructure platform.”
This investment reflects Greenbelt’s record of serving as the first institutional capital partner to founder- and family-owned businesses. Bowe and Gant share Greenbelt’s conviction that disciplined operations and a people-first culture are the foundation of durable growth, and the two teams have developed a shared vision for building Bowe & Gant into a premier electrical and energy infrastructure platform.
“As demand for reliable power and modernized electrical infrastructure continues to accelerate across the Northeast, we believe Bowe & Gant has the technical expertise, customer relationships, and skilled union labor base to capitalize on significant growth opportunities,” said Austin Major, principal at Greenbelt.
Weil, Gotshal & Manges LLP served as legal counsel to Greenbelt in connection with the transaction. William Blair & Company served as financial adviser to Bowe & Gant, and Alston & Bird LLP served as its legal counsel.