Kirkland & Ellis advised Saber Power Services and Oaktree Capital Management on the sale of Saber to an investor group led by Greenbelt Capital Management L.P., in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc. Key members of Saber’s management team will continue to own a significant stake in the company. Founded in 2010, Saber is a fully integrated, electrical services firm offering end-to-end design, construction, testing and maintenance solutions for substations and medium-to-high-voltage infrastructure across the renewables, battery storage, utility, industrial and energy infrastructure markets.
The Kirkland team was led by corporate partners Hamed Meshki, Karen Flanagan and Guirgis Nasief and tax partners Mike Beinus, Vivek Ratnam and Maria Smith.
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