Arlington Capital Partners just took a big swing in the nuclear engineering game, acquiring Enercon and folding it together with Pond & Company to create a single, Atlanta-area engineering hub with more than 2,700 professionals. The combined group pulls nuclear, environmental and infrastructure engineering under one management team, sharply boosting the region’s ability to compete for large utility and government projects.
According to Bloomberg, Arlington, a Washington, D.C.-area private equity firm that focuses on government regulated industries, bought Enercon from funds managed by Oaktree Capital. The firm said it will merge Enercon with Pond & Company and operate the combined business under the Enercon name, with headquarters in the Atlanta area and a workforce that comes in at roughly 2,700 people.
Enercon Services, founded in 1983 and based in Kennesaw, Ga., describes itself as a multi discipline engineering and environmental services firm that supports nuclear, renewable and conventional power projects. In its own announcement, the company notes that funds managed by Oaktree invested in the business in 2023 and that it employs more than 1,500 people across about 20 offices, with specialties that include licensing, compliance and inspection work for utilities and government clients. Enercon…