Veritas Capital agreed on 6 August to acquire Saber Power Services, a Houston-based provider of power infrastructure services, from Greenbelt Capital Partners.
Why Veritas Capital is buying Saber Power Services, LLC
Veritas said Saber sits at the centre of a historic build-out of electrical infrastructure driven by rising power demand, AI and data centre expansion, advanced manufacturing, renewables and battery storage, grid hardening and electrification. Veritas plans to support organic growth and acquisitions.
Deal terms and financing
Financial terms were not disclosed. Chief executive Brian Bratton and the management team will continue to run the company and keep a significant minority stake.
Regulatory approvals and timing
Closing is expected in the fourth quarter of 2026, subject to customary conditions and regulatory approvals.
Market context
Saber, founded in 2010, says its work supports electrical infrastructure serving 160 million end users. Greenbelt first invested in 2023.
