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Trustworthy coverage of the transformer and transformer-related industries.

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Trustworthy coverage of the transformer and transformer-related industries.

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Allied Invests in JCL Energy to Boost Transformer Distribution and Electrical Infrastructure

16 Oct 2024
Allied Industrial Partners LLC ("Allied"), a private equity firm focused on lower-middle market investments, has made a strategic investment in JCL Energy ("JCL"), a leading distributor of pad-mounted transformers and associated electrical equipment. This partnership aims to strengthen JCL's position as a key supplier of transformers to a wide array of industries, including utilities, renewable energy, and data centers.

 

Founded in 2020 and headquartered in Sharon, PA, JCL Energy specializes in selling, renting, and servicing both pad-mounted and substation transformers, essential components of the nation's electrical infrastructure. JCL recently expanded its footprint by opening a facility in Greenville, SC, to meet growing demand in the Southeast region.

Jim Landino, JCL's founder and CEO, will continue leading the company, while Allied will provide growth capital to accelerate JCL's expansion. The investment supports JCL's ability to meet the evolving energy needs of the U.S. market, driven by aging infrastructure and increasing grid demands.

According to Bradford Rossi and Philip Wright, Co-Founders and Managing Partners of Allied, "Transformers play a crucial role in modernizing energy infrastructure, and JCL's expertise makes them an ideal partner for growth." Allied will collaborate with JCL on strategic acquisitions to expand its reach in the transformer market.

 

 

Source: lelezard.com

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