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Platform

Madison River Capital backs Nexus Power

The Salt Lake City-based provider acts as ABB’s exclusive manufacturer representative across 11 Western and Mid-Western states, delivering high-specification power solutions to data centers, utilities, and industrial customers.

Nexus operates as ABB's exclusive manufacturer representative across 11 Western and Mid-Western states, a relationship spanning more than 20 years, and partners with Hitachi and approximately 20 other electrical equipment manufacturers to serve customers across government, utilities, data centers, mining, oil and gas, and semiconductor manufacturing.

Main Street Capital provided debt financing for the transaction.

"This partnership with Madison River Capital marks an important milestone for Nexus Power," said Pete Jones, President and CEO of Nexus Power.

Deal facts

Target
Nexus Power
Buyer
Madison River Capital
Deal type
Platform
Headquarters
Utah
Announced
Thursday, July 30, 2026

Sources

Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.