Veritas Capital is expanding its presence in critical infrastructure with a planned acquisition of Saber Power Services, a Houston-based provider of power infrastructure services. The transaction comes as growing electricity demand and investment in the U.S. power grid create new opportunities for companies that build and maintain essential electrical systems.
Veritas Capital has entered into a definitive agreement to acquire Saber Power Services from Greenbelt Capital Management. The financial terms of the transaction were not disclosed. The acquisition is expected to close in the fourth quarter of 2026, subject to customary closing conditions and applicable regulatory approvals.
Saber Power Services Supports Critical Infrastructure
Founded in 2010 and headquartered in Houston, Texas, Saber Power Services provides integrated power infrastructure services to customers across the utility, technology, industrial and energy sectors. The company supports the development, modernization and maintenance of critical electrical infrastructure. According to the announcement, Saber Power’s infrastructure serves 160 million end users in the United States and internationally.
Saber Power has built its business around the increasing need for reliable and resilient power systems. Its services are positioned to support customers as they respond to rising electricity demand and ongoing changes across the energy and infrastructure markets. The company is also benefiting from several long-term trends, including the expansion of artificial intelligence and data centers, advanced manufacturing, renewable energy and battery storage development, grid hardening and electrification.
Veritas Sees Growth Opportunity
Veritas Capital plans to work with Saber Power’s existing management team to support the company’s next phase of growth.
Brian Bratton, President and CEO of Saber Power Services, will continue to lead the company following the transaction. Key members of Saber Power’s management team will also retain a significant minority ownership interest in the business.
Under Veritas’ ownership, Saber Power plans to build on its existing capabilities and expand its presence in the market. The company will pursue growth through organic initiatives as well as strategic mergers and acquisitions. The partnership is expected to give Saber Power additional resources to strengthen its capabilities and pursue opportunities created by rising demand for power infrastructure.
Rising Electricity Demand Creates New Opportunities
The planned acquisition comes at a time when electricity demand is becoming an increasingly important issue for businesses, utilities, and infrastructure providers. The growth of data centers and artificial intelligence is increasing demand for power, while advanced manufacturing and broader electrification are adding further pressure to existing infrastructure. At the same time, utilities and other organizations are investing in grid modernization, resilience and new power capacity.
Renewable energy and battery storage projects are also contributing to changes in the U.S. electricity system. These developments require significant electrical infrastructure and specialized services, creating opportunities for companies such as Saber Power. Veritas Capital sees reliable power infrastructure as an important part of U.S. economic competitiveness, technological development, and security. The firm believes Saber Power’s established capabilities and customer relationships provide a foundation for continued expansion.
Greenbelt Capital’s Role
Greenbelt Capital Management has been an investor in Saber Power since 2023. During its ownership period, Greenbelt worked with Saber Power’s management team to expand the company’s capabilities and strengthen its position in the power infrastructure market.
The planned transaction represents the next stage in Saber Power’s growth. Greenbelt focuses on investments connected to the development of a more resilient and electrified energy system. The firm said the Greenbelt team manages approximately $4 billion in cumulative capital commitments.
Deal Expected to Close in Q4 2026
The acquisition remains subject to customary closing conditions and applicable regulatory approvals. Veritas Capital and Greenbelt Capital have not disclosed the financial terms of the transaction.
The companies expect the deal to close during the fourth quarter of 2026. Until the transaction closes, Saber Power Services will remain under its current ownership structure. Following completion, Veritas Capital will become the company’s new owner, while Bratton and key members of the management team will continue to play an important role in the business.
Harris Williams is serving as financial advisor to Saber Power and Greenbelt Capital. Kirkland & Ellis is providing legal counsel to Saber Power and Greenbelt, while Gibson, Dunn & Crutcher is representing Veritas Capital. The planned acquisition gives Veritas an opportunity to invest in a business operating in a critical and growing infrastructure market. For Saber Power, the partnership provides a platform to pursue further expansion as demand for reliable electrical infrastructure continues to increase across the United States.
