Latest

Approval Given for Engineering Contract Worth up to $81.7 Million and Utah's $750 Million Strawberry High Line Project Clears Environmental Review

Approval Given for Engineering Contract Worth up to $81.7 Million and Utah's $750 Million Strawberry High Line Project Clears Environmental Review

EXECUTIVE SUMMARY ✅ The Central Utah Water Conservancy District has approved an engineering agreement worth up to $81.706 million with Flowline Collective, a Bowen Collins & Associates / Jacobs Solutions joint venture in connection with the estimated $750 million Strawberry High Line Improvement Project. ✅ District records identify the expected funding mix
David Politis
Utah’s Autonomous Solutions Has Landed a $225 Million Investment from SoftBank and the Two have Formed a Construction Robotics J.V. Separately Funded by SoftBank

Utah’s Autonomous Solutions Has Landed a $225 Million Investment from SoftBank and the Two have Formed a Construction Robotics J.V. Separately Funded by SoftBank

EXECUTIVE SUMMARY ✅ SoftBank Group has invested $225 million directly into Mendon, Utah-based Autonomous Solutions, Inc., while separately capitalizing a newly formed joint venture focused on commercializing autonomous heavy-construction equipment. ✅ The amount invested in the joint venture was not disclosed, meaning SoftBank’s total capital commitment tied to ASI
David Politis
Peterson Partners Raises $510 Million Continuation Vehicle for Draper-based Kelso Industries, Extending its Bet on a $1 Billion-plus Revenue Business

Peterson Partners Raises $510 Million Continuation Vehicle for Draper-based Kelso Industries, Extending its Bet on a $1 Billion-plus Revenue Business

EXECUTIVE SUMMARY ✅ Utah-based Peterson Partners has raised $510 million for a single-asset continuation vehicle centered on Draper, Utah-based Kelso Industries, allowing the investment firm to extend its ownership of the rapidly growing mechanical, electrical and plumbing (MEP) services company. ✅ New York City-based NorthSands Capital committed more
David Politis