Romanchuk & Co. Advises Source Power on their recapitalization with Sole Source Capital
THE WOODLANDS, TX -- Romanchuk & Co., a boutique investment banking firm focused on the power, infrastructure and energy transition sectors, is pleased to announce that it served as the exclusive financial advisor to Source Power (“Source” or the “Company”), a leading provider of electrical distribution and transmission infrastructure services, in its recapitalization transaction with Sole Source Capital (“Sole Source”).
Sole Source is a private equity firm with a proven track record of partnering with exceptional entrepreneurs to build industry-leading businesses. The investment will support Source's continued growth, expanding the Company's service offerings and capabilities to better serve its customers and utility partners across its markets.
As part of the transaction, Source’s founders will remain a significant shareholder alongside Sole Source, and the existing management team will continue to lead the Company through its next phase of growth.
Romanchuk & Co. served as the exclusive investment banking advisor to Source Power.
About Source Power
Source Power is a San Antonio, Texas-based leading provider of repair and maintenance solutions for transmission and distribution infrastructure within the power end-market. The company delivers high-quality services to blue-chip investor-owned utilities and electrical cooperatives, maintaining an impeccable safety record and employing a team of highly trained professionals. For more information visit https://sourcepowerllc.com.
About Sole Source Capital
Founded in 2016 by David Fredston, Sole Source Capital is a private equity firm that invests thematically in industrial and business services sectors. The firm targets fragmented, high-growth markets shaped by secular trends and partners with founder-led businesses to build scaled consolidators. Leveraging operational expertise and disciplined M&A, Sole Source Capital creates market leaders that deliver lasting value. Headquartered in Dallas, the firm also maintains an office in Santa Monica. For more information visit https://solesourcecapital.com.
About Romanchuk & Co.
Romanchuk & Co. is a leading boutique investment bank serving the Power, Infrastructure and Energy Transition sectors. We provide strategic advisory services to founder-owned and private equity-backed businesses across power, utility and critical infrastructure services on M&A and capital raises - delivering outcomes in complex, asset-intensive sectors where specialization matters. Learn more about our extensive utility and infrastructure services experience at https://www.romanchukco.com.
Mr. Romanchuk is a Registered Representative of, and Securities Products offered through BA Securities, LLC, Member FINRA (www.finra.org) and SIPC (www.sipc.org). Romanchuk & Company, PLLC and BA Securities, LLC are separate and independent entities. Any testimonial or endorsement may not be representative of the experience of other customers and is no guarantee of future performance or success.
