Press & announcements
News.
Fund closes, portfolio company milestones, and team appointments. Media inquiries are handled by the New York office.
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Northbridge Industrial Services acquires Trinity Turnaround Services
Northbridge Industrial Services, a Pelham Buyout Fund IV platform company, has acquired Trinity Turnaround Services, a Louisiana-based provider of plant maintenance and turnaround services.
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Pelham closes Growth Fund III at $850 million
Pelham has held the final close of Pelham Growth Fund III with $850 million in committed capital. The fund will lead Series A through C rounds in vertical software and climate technology.
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Cardinal Charging opens second manufacturing line in North Carolina
Cardinal Charging, a Pelham Growth Fund II portfolio company, has opened its second manufacturing line in Raleigh, NC. The line doubles annual depot charger production capacity.
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Granite Peak Storage reaches commercial operation on 480 MW portfolio
Granite Peak Storage, a Pelham Infrastructure Fund II portfolio company, has reached commercial operation on its first 480 MW of utility-scale battery storage in the US Southwest.
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Pelham appoints Sook-Chen Wong as Partner, Growth, in Singapore
Pelham has appointed Sook-Chen Wong as Partner, Growth, in the Singapore office. Sook-Chen leads the firm's growth investments across Asia-Pacific.
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Pelham completes sale of Keelcraft Marine Systems
Pelham has completed the sale of Keelcraft Marine Systems to a strategic buyer at a 2.4x multiple of invested capital. Keelcraft was a Pelham Buyout Fund II portfolio company.
Media contact
Press inquiries are handled by the New York office. Reach the communications team at press@example.com or +1 (212) 555-0188.