Arcline sells Voltyx to Asplundh

Private Equity Wire

San Francisco-based private equity firm Arcline has sold its portfolio company Voltyx, a provider of technical electric infrastructure services across the utility, renewable energy, data centre and industrial markets, to Asplundh Tree Expert, a provider of vegetation management and infrastructure services.

Based in Nashville, Tennessee, Voltyx serves around 1,500 customers from 35 locations employing over 1,200 people, according to a press statement.

Harris Williams, Stifel Nicolaus & Company, Kirkland & Ellis and Fredrikson & Byron PA advised Arcline on the transaction.

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