Levine Leichtman Capital Partners Completes Growth Investment in Concentric Energy Advisors
Levine Leichtman Capital Partners (LLCP) has finalized a growth investment in Concentric Energy Advisors, a Massachusetts-based consulting firm specializing in the North American utility and energy sectors. The transaction was completed in partnership with Concentric's management team, though specific financial terms were not disclosed. Concentric provides technical analysis and regulatory strategy services to electric, gas, and water utilities. LLCP intends to leverage this investment to expand into adjacent service areas, recruit senior talent, and pursue strategic acquisitions. The firm aims to capitalize on record-level utility investments in grid modernization and rising power demand. Concentric will maintain its current leadership under CEO Danielle Powers, President Dan Dane, and Chairman John J. Reed. This marks the 11th platform investment for LLCP's Lower Middle Market Fund III, L.P., reinforcing the firm's focus on infrastructure services and expert consulting.
Topics: energy consulting growth investment private equity utility industry