Ampirical Solutions Receives Growth Investment from SkyKnight Capital
July 11 2024 - 9:00AM
Business Wire
Ampirical Solutions, LLC (“Ampirical” or the “Company”), a
leading provider of engineering services and software for the power
end-market, has received a growth investment from SkyKnight
Capital, L.P. (“SkyKnight”), a private equity firm with a track
record of building industry-defining businesses alongside
exceptional entrepreneurs, to enhance its service offerings and
capabilities to better serve its customers. Ampirical’s founders
will remain significant shareholders alongside SkyKnight, and the
existing management team will continue to lead the Company as it
embarks on its next phase of growth.
Founded in 2006 and headquartered in Louisiana, Ampirical
Solutions has established itself as a leading provider of
comprehensive engineering services and software for the power
industry. The Company offers a wide range of solutions, including
transmission and distribution line, substation, and protective
relay design engineering along with SaaS and cybersecurity products
tailored to the power market. Ampirical's team of approximately
five hundred highly skilled engineers and technical specialists is
dedicated to delivering innovative, efficient, and reliable power
solutions to blue-chip investor-owned utilities, electrical co-ops,
municipalities, and renewable energy developers.
In conjunction with SkyKnight’s investment, Ampirical will be
launching an employee ownership program to further attract, retain,
and reward its employees who have been instrumental in delivering
best-in-class and innovative services for its customers. Ampirical
management has developed a differentiated company culture focused
on trust, safety, integrity and innovation, and this employee
ownership program is the latest addition from Ampirical as the
employer of choice for the best engineers in the country.
“We are proud and excited to partner with SkyKnight as Ampirical
continues to build on its mission to deliver high-quality
engineering solutions to the power industry,” said Co-Founder and
President Matthew Saacks. “SkyKnight’s investment will provide us
with the capital and resources to enhance our offerings, expand
into new markets, and deliver best-in-class service to our
customers. We believe this partnership will enable us to continue
our growth trajectory while maintaining our commitment to
innovation, quality, and customer excellence. Ampirical will remain
a uniquely attractive environment for engineers to benefit from the
resources and experience of our platform and share our passion for
excellence and cutting-edge solutions.”
“Ampirical is a leader in the power engineering sector with a
strong reputation for technical excellence and customer service. We
are honored to partner with the founding team and the entire
Ampirical organization as the Company enters its next phase of
growth,” said Jordan Milich, Partner at SkyKnight Capital.
“SkyKnight shares Ampirical’s vision of providing innovative and
reliable solutions, and we are committed to supporting the
Company’s future growth while launching a broad-based employee
ownership program.”
SkyKnight was advised by Harris Williams, Holland & Knight
LLP, and Baker Botts. Ampirical was advised by Bridgepoint
Investment Banking and Polsinelli PC.
About Ampirical
Solutions
Ampirical Solutions is a leading provider of engineering
services and software for the power end-market. The Company
provides a comprehensive suite of services, including transmission
and distribution line, substation, and protective relay design
engineering, along with cyber engineering and software solutions
through Cybirical and GridIntel. Ampirical is committed to
delivering innovative and reliable power solutions that meet the
evolving needs of its clients. For more information visit
www.ampirical.com.
About SkyKnight Capital
SkyKnight Capital focuses on partnering with high quality
businesses in acyclical growth sectors alongside exceptional
management teams. SkyKnight manages over $3.5 billion in private
equity capital on behalf of leading endowments, foundations,
pensions, and institutional family offices. SkyKnight aims to build
industry-defining businesses across the healthcare, financial
services, and tech-enabled services industries. For more
information visit www.skyknightcapital.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240711106115/en/
SkyKnight Capital Mara Hunt mara@skyknightcapital.com
Ampirical Solutions Ryan Zellner rzellner@ampirical.com