March 20, 2025
Translink in the US, Dinan & Company, initiated the acquisition of Maskwa High Voltage by ENTRUST Solutions Group, a portfolio company of Kohlberg & Company, LLC
Translink Corporate Finance in the United States, Dinan & Company, initiated the acquisition of Maskwa High Voltage LTD by ENTRUST Solutions Group, which is majority-owned by Kohlberg & Company, a leading private equity firm based in Mount Kisco, NY, with additional minority investment from Neuberger Berman Alternatives, a private, independent, employee-owned investment manager.
ENTRUST expands into a key market
ENTRUST Solutions Group, a leader in power and energy infrastructure transformation through comprehensive engineering and consulting services, is pleased with the acquisition of Maskwa High Voltage, a prominent player in the Canadian market specialising in electric transmission, distribution, substation and renewables design and engineering services.
This acquisition marks a significant step in ENTRUST’s expansion into Canada, establishing a robust platform for growth in this important market, as well as enhancing ENTRUST’s ability to support the energy transition by providing critical services to the redesign and upgrade of the power grid. By joining forces, ENTRUST and Maskwa High Voltage are broadening their geographical footprint as well as enhancing their capacity to serve clients’ goals with the highest level of excellence.
Comments from ENTRUST
Adam Biggam, CEO of ENTRUST Solutions Group, said, “We are thrilled to welcome Maskwa High Voltage to the ENTRUST family. The alignment in our services and commitment to innovation makes this partnership not only a natural fit but a strategic one that will allow both of our teams to reach new heights. Together, we will offer a more comprehensive suite of services and solutions to our clients, ensuring continued success and growth.”
Maskwa High Voltage’s expertise in the Canadian market complements ENTRUST’s existing capabilities, allowing the combined entity to deliver even greater value to clients. The acquisition will enable ENTRUST to provide a seamless and integrated experience, leveraging Maskwa High Voltage’s local knowledge and ENTRUST’s extensive resources.
Comments from Maskwa High Voltage
“We are thrilled to start a new chapter for Maskwa High Voltage under the ENTRUST umbrella. This acquisition represents a significant milestone for Maskwa High Voltage, allowing us to leverage ENTRUST’s extensive resources and expertise to better serve our clients,” said Ryan Macdonald, President of Maskwa High Voltage, “We are excited to continue to innovate and deliver exceptional value in the Canadian market.”
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Dinan is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 35 years of advisory and merchant banking experience dedicated to middle-market transactions.