Antin Infrastructure Partners' recent majority investment in High Performance Helicopters (HPH) is driven by two key trends: the data center build-out and the growing need for wildfire control on the West Coast. Stephan Feilhauer, a partner at Antin, highlights a 60% increase in utility infrastructure capex from 2020–2030 compared to flat demand in prior decades, creating a massive backlog. HPH, founded in 2005 by Brad and Tracey Bauder, specializes in heavy-lift operations for utilities, construction, and aerospace. In aerial firefighting, 80% of suppression equipment is outsourced due to limited state resources, with wildfire acreage and costs doubling over 25 years. Antin plans to scale HPH via roll-ups, targeting fragmented operators ready for retirement.
Broad Sky Partners' portfolio company, Frontline Managed Services, has made its first add-on acquisition: KL Software Technologies. This move supports Frontline's rapid AI adoption and growth strategy in legal and professional services. Adam Glucksman, a partner at Broad Sky, discusses the expansion plans.
Source: PE Hub · Summarized by HeadlinesBriefing