Partners Group, a leading global private markets firm, has on behalf of its clients acquired a majority equity stake in Budderfly, the fastest growing Energy-as-a-Service provider in the US, and committed further growth capital totaling more than $500m.

Partners Group aims to transform Budderfly into a multi-billion-dollar infrastructure platform by investing to expand its customer base and solutions offering. Budderfly’s experienced management team has invested and partnered alongside Partners Group to capture this large market opportunity.

Latham & Watkins, LLP served as counsel to Partners Group. Guggenheim Securities, LLC served as lead financial advisor, Shasta Partners LLC served as a financial advisor, and Dentons US, LLP served as counsel to Budderfly in connection with the transaction.

Read more: Partners Group