Charlotte, NC (August 2026) – Bundy Group, an industry-focused investment bank, is pleased to announce that it has successfully advised Nexus Power, a Salt Lake City, UT-based provider of high-specification power infrastructure solutions, in connection with a strategic investment from Madison River Capital ("MRC"), an industry-focused private equity firm. The investment will support Nexus Power's continued growth, geographic expansion, development of new manufacturer partnerships, and expanded technical capabilities.
“The Bundy Group team was an exceptional partner to us throughout this process,” said Pete Jones, President and CEO of Nexus Power, and Rich Haag, Co-Founder and Board Member. “Stewart, Clint, Jordan, and Lorenc took the time to deeply understand our business, our culture, and the opportunities ahead of us. Their strategic guidance, disciplined execution, and steady support helped us navigate a complex process with confidence and ultimately find the right partner for Nexus Power’s next chapter. We are sincerely grateful for their commitment to our team and the outstanding work they did on our behalf.”
The transaction highlights Bundy Group's continued success advising founder-owned businesses across the Energy & Infrastructure sector, where the firm's deep industry expertise and collaborative, hands-on approach help management teams translate complex business models into compelling investment opportunities. Throughout the engagement, Bundy Group worked alongside Nexus Power's leadership team to refine the Company's strategic positioning, develop a differentiated investment thesis, prepare management for buyer engagement, and communicate the long-term drivers of value creation in a manner that resonated with sophisticated strategic and private equity investors.
The transaction also points to continued financial sponsor demand for businesses supporting mission-critical electrical infrastructure as investment accelerates across grid modernization, artificial intelligence infrastructure, data center development, electrification, and the reshoring of industrial manufacturing. “It was a privilege to work alongside Pete, Rich, and the entire Nexus team throughout this journey,” said Stewart Carlin, Managing Director with Bundy Group. “They built an exceptional business over decades, and our responsibility was to help articulate that story in a way that allowed the market to fully appreciate what made Nexus so unique. We’re incredibly proud to have advised the team through this important milestone and to have helped them find a partner in Madison River Capital that shares their long-term vision for the future of the business.”
“One of the things we enjoy most is partnering with founders and entrepreneurs that have quietly built exceptional companies over many years,” said Clint Bundy, Managing Director with Bundy Group. “Pete and Rich created a valuable platform by continually investing in technical capabilities, trusted manufacturer relationships, and long-term customer partnerships. We are grateful for the opportunity to help them achieve an outstanding outcome and are excited to watch their next chapter unfold.”
The Bundy Group transaction team included Stewart Carlin, Clint Bundy, Jordan Frickle, and Lorenc Biqiku.
For more information about Bundy Group's industry expertise and recent transactions, visit www.bundygroup.com.
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About Bundy Group
Established in 1989, Bundy Group is an industry-focused investment bank that specializes in representing business owners and management teams in business sales, acquisitions, and capital raises. The team of highly experienced investment bankers leverages extensive industry knowledge and skill to provide hands-on guidance to clients through every phase of the business transaction. Bundy Group has been a trusted partner in more than 250 closed deals over the past 37 years, providing high-quality options, actionable insights, and delivery of optimal strategic fit at a premium value for clients.
Bundy Group Securities, LLC, is a registered broker-dealer and member of FINRA and SIPC. More information on the background of Bundy Group Securities, LLC is available at FINRA’s BrokerCheck.
About Nexus Power
Headquartered in Salt Lake City, UT, Nexus Power serves customers across the government, utility, data center, mining, oil and gas, commercial, and semiconductor markets. They operate both a Commissions platform representing leading electrical equipment manufacturers under exclusive territorial agreements, and a Solutions platform to manage design, engineering, procurement, project management, and coordination for complex electrical infrastructure projects. Nexus Power pairs engineering expertise with exclusive manufacturer relationships to give customers a single point of accountability on power infrastructure projects, helping them evaluate technologies, coordinate across manufacturers, and reduce execution risk. They are an ABB-approved selling supplier with exclusive territorial agreements across 11 Western and Midwestern states and partners with Hitachi and roughly 40 other leading electrical equipment manufacturers. For more information, visit nexuspower.com.