Bernhard Capital Partners

Bernhard Capital Partners is an infrastructure firm established in 2013 and headquartered in Baton Rouge, Louisiana, with an additional office in Brentwood. Founded by Jim Bernhard, Jeff Jenkins, and a team of seasoned private equity professionals, the firm specializes in energy services, focusing on investments in electric, gas, water, and wastewater utilities. Bernhard Capital Partners aims to create sustainable value by leveraging the extensive experience of its founding partners in acquiring, operating, and growing energy services businesses. The firm employs a value-added investment strategy, which encompasses providing strategic insights, operational efficiencies, and best-practice management to enhance the performance of its portfolio companies.

Julius Bedford

Managing Director

Patrick Bernhard

Managing Director

Jim Bernhard

Founder and Partner

Catherine Cusimano

Principal

Christopher Dillon

Partner and Investment Committee Member

Foster Duncan

Operating Partner

Rhoman Hardy

Operating Partner

Jamie Kiser JD

Principal

Jeffrey Koonce

Partner and Member of the Investment Committee

Ryan Lemoine

Principal

Dori McAuliffe

Vice President

Bryan Poppler

Principal

Phillip Preis

Managing Director

Christopher Ringswald

Principal

Jeffrey Yuknis

Managing Director and Member of the Investment Committee

Past deals in Utilities

New Mexico Gas Company

Acquisition in 2024
New Mexico Gas Company is a utilities company that provides natural gas services.

Elevation

Convertible Note in 2023
Elevation is a fully integrated residential energy solutions provider serving residents, enterprise clients, and electric utilities in multiple states.

Optimum Energy

Acquisition in 2023
Optimum Energy LLC is a software development company that specializes in energy optimization for heating and cooling systems. Founded in 2005 and headquartered in Seattle, Washington, the company offers a suite of solutions designed to enhance energy efficiency and reduce operational costs. Their flagship platform, OptiCx, enables customers to minimize energy consumption while maintaining optimal system performance. Additionally, Optimum Energy provides specialized software tools such as OptimumLOOP for optimizing centrifugal chilled water plants, OptimumAIR for automated management of air handlers, and OptimumHEAT for boiler plant optimization. The company's solutions are tailored for a variety of sectors, including healthcare, education, pharmaceuticals, data centers, and commercial buildings across North America. By leveraging data science and engineering expertise, Optimum Energy aims to help organizations achieve significant sustainability targets and improve operational effectiveness through continuous system optimization and real-time monitoring.

Elevation

Series B in 2022
Elevation is a fully integrated residential energy solutions provider serving residents, enterprise clients, and electric utilities in multiple states.

W.A. Chester

Acquisition in 2018
W.A. Chester, L.L.C. is an electrical contractor based in Lanham, Maryland, specializing in the installation, maintenance, and repair of underground high voltage cable transmission and distribution systems. The company also provides services related to overhead distribution, substations, and communications. Its clientele primarily consists of electric utility companies and independent power producers across the United States. Originally known as Henry Ihle Company, W.A. Chester changed its name in 1955 and operates as a subsidiary of Exelon Generation Company, LLC.

Brown & Root Industrial Services

Acquisition in 2015
Brown & Root Industrial Services LLC is a provider of comprehensive industrial maintenance, engineering, and construction services, primarily serving the refining, chemicals, petrochemicals, and manufacturing sectors. Founded in 1919 and headquartered in Baton Rouge, Louisiana, the company offers an extensive suite of services, including engineering, project management, procurement, and asset management. It specializes in capital construction as well as maintenance and commissioning services. Additionally, Brown & Root provides on-call construction and job order contracting solutions to governmental agencies, educational institutions, and healthcare facilities. The company operates across the United States, Mexico, and Canada and is a subsidiary of KBR, Inc.
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