TOPS Field Services Acquired by Capstreet — Business Services M&A

Capstreet has acquired TOPS Field Services, a business services other business in the United States, for $616 million. TOPS Field Services provides turbine maintenance and outage services for energy customers, supporting reliability and turnaround execution. Capstreet acquisitions in business services M&A focus on specialized, tech-enabled field operations that can be scaled through a platform acquisition strategy. The private equity acquisition is structured as a platform acquisition, with deal terms and closing timing not disclosed.