EMCOR Group, Inc. agreed to acquire Ardent Services, LLC, and partner company Rabalais Constructors, LLC, providers of electrical and instrumentation services to the energy infrastructure market. EMCOR is acquiring privately held Ardent from its shareholders, including its majority shareholder, an affiliate of Cadent Energy Partners, a natural resources private equity firm, in a $205 million all cash transaction.
Headquartered in Covington, La., and Corpus Christi, Texas, Ardent specializes in industrial and refinery electrical and instrumentation services and provides a suite of electrical, process control, equipment installation and automation services.