CEIS, a portfolio company of White Wolf Capital (“White Wolf”) and a national provider of services to the critical energy infrastructure sector, is pleased to announce the acquisition of Clover Leaf Solutions (“Clover Leaf”).
Albuquerque, NM (February 17, 2023) – Based in Albuquerque, New Mexico, Clover Leaf is a leading provider of consulting and staffing services for Department of Energy laboratories and commercial clients nationwide.
Critical Energy Infrastructure Services, LLC (“CEIS”) is a platform that was formed by White Wolf Capital (“White Wolf”) to partner with and acquire U.S. based companies focused on provider services to the critical energy infrastructure industry. Clover Leaf marks the second acquisition made under the CEIS platform, following the acquisition of Rayne Staffing in December 2022.
Matt Custer, Co-Founder of Clover Leaf, said “Clover Leaf is excited to begin a new era with White Wolf and CEIS. We believe the skilled leadership that White Wolf brings to Clover Leaf will propel us to new heights in the energy infrastructure industry. Our long-standing expertise in this sector, combined with the business strategies presented by White Wolf, will make a powerful impact in this growth industry. Our decision to partner with White Wolf provided the best possible future for our employees, as well as our clients.“
Elie P. Azar, Managing Director of White Wolf, added “We look forward to partnering with the Clover Leaf team to expand CEIS’s geographic reach and service offerings across the United States. Through its leading capabilities and technical workforce, the CEIS platform has become an acquirer of choice and preferred partner to the critical energy infrastructure sector.”
Details of the transaction were not disclosed.
About CEIS
CEIS is a holding company that was formed by White Wolf Capital to partner with and acquire U.S. based companies focused on providing human capital solutions and services to power generation customers, including utilities, nuclear facilities, and government agencies with revenues of $10 million to $100 million. For further information, please visit: www.ceis.com
About Clover Leaf Solutions
Clover Leaf is a premier government contracting, consulting, and staffing services firm that has a nearly two-decade track record of supporting Department of Energy laboratories and commercial clients across the United States. Clover Leaf provides technical services such as construction management, facilities management, inspection, and environmental, safety, and health services. For further information, please visit: www.cloversolutions.us
About White Wolf
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with up to $200 million in revenues and up to $20 million in EBITDA. Typical situations include, management buyouts, leveraged buyouts, recapitalizations and investments for growth. Preferred industries include manufacturing, business services, government services, infrastructure services, information technology, security, aerospace, and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: www.whitewolfcapital.com.