News Summary

• Arlington Capital Partners has acquired nuclear engineering company Enercon from Oaktree Capital Management.
• The deal involves merging the company with Arlington’s more broadly focused engineering firm Pond & Co. Arlington acquired the majority stake with a $1.25 billion equity investment, according to people familiar with the matter.
• The combined entity will have more than 2,700 professionals and its headquarters in the Atlanta, Georgia, area.
• demand for nuclear power has grown with the rise of data centers and their need for new energy sources.