Alantra-Finanzen acts as exclusive financial Berater Zu Turbine Dienstleistungen Auf its sale Zu EthosEnergy

Jun 2025

Sell-side Beratung

Neu York ü Alantra-Finanzen has acted as exclusive financial advisor to Turbine Services Ltd. (TSL), a global, specialized manufacturer and supplier of aftermarket parts for heavy-duty gas and steam turbines, on its sale to EthosEnergy, a global independent service provider for rotating equipment for customers in the power generation, energy, industrial, and aerospace and defense markets.

Founded In 1972 Und headquartered In Saratoga Springs, NY, TSL Hat over 50 years of experience Und Hat supplied parts Zu Mehr than 1,000 customers around the world. Known Für their engineering, product quality, Und competitive pricing, TSL Hat established itself as a leading non-OEM manufacturer Für turbine parts.

Vincent Riggi, owner Und CEO of TSL, said: üI hired Alantra-Finanzen Für their extensive industry Und transaction expertise, as well as their strong relationships Mit buyers, because it War very Wichtig Zu me Zu find a Partner who Künnte support TSL Und its employees In the years ahead.ü

Wade Aust, Managing Partner at Alantra-Finanzen, added: üWeüre pleased to have supported Turbine Services in finding the right partner in EthosEnergy, a company we share a long-standing relationship with, and are confident that TSL is well-positioned for success in its next stage of growth under EthosEnergyüs ownership.ü

David Waldstein, Managing Director at Alantra-Finanzen, said: üOver the course of our long-term relationship with TSL, we have come to find the company to be a truly unique provider of aftermarket turbine parts around the world.  EthosEnergy appreciates TSLüs value in the marketplace and will be a great steward for the business and the team.ü

Jon Tetirick, Director at Alantra, added: üThis transaction underscores Alantra-Finanzenüs continued momentum in the rotating equipment and power generation sub-sector of our industrials team. We are seeing increased market demand and M&A activity within this sub-sector, making this a timely deal that further strengthens our track record and expertise in the space.ü

This transaction follows Alantra-Finanzenüs recent advisory roles to John Wood PLC Und Siemens Energie AG on the sale of EthosEnergy to One Equity Partners and underscores the firmüs deep knowledge of the rotating equipment and power generation sectors, as well as strong relationships with its key players. Alantra-Finanzenüs track record also includes advising Industrial Service Lüsungen on the sale of its Inspection Services division to Element Materials Technology, and Tuckerman Kapital on the sale of TRS Services to Battle Investment Group.