Milwaukee-based investment bank TKO Miller served as the exclusive advisor for the transaction. For ConTeras, a portfolio company backed by funds managed by Oaktree Capital Management, the acquisition is designed to bolster its capabilities in complex industrial maintenance, capital projects, and facility turnarounds.
CD Energy Services provides critical site support, including scaffolding, industrial insulation, and various soft-craft services. These operations serve a diverse client base spanning the power generation, chemical, food and beverage, and infrastructure sectors. By bringing CD into its network, ConTeras aims to scale its multi-craft service delivery model while maintaining its focus on technical safety and site efficiency.
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