Next Steward Pursues Investments in the Power & Utility Services Industry

ATLANTA, Ga., Oct. 6, 2025 -- Next Steward Partners ("Next Steward"), a private equity independent sponsor firm focused on partnering with founder-led and family-owned businesses, is excited to pursue investment opportunities in the Power & Utility Services industry.

This targeted approach builds on Next Steward's growing portfolio of field based-service oriented businesses, including its September 2022 partnership with Radon Medical Imaging, a leading independent service organization (ISO) focused on medical equipment service and sales platform. That investment deepened the firm's interest in the mission-critical businesses that are vital and essential to the country.

Next Steward is currently evaluating acquisition opportunities in two key areas: (1) Utility Transmission & Distribution, Substation, Emergency Response and Vegetation Management and (2) Electrical Acceptance Testing, Engineering, Safety, and Inspections. Next Steward has formed and is working alongside a Board of Advisors, who are experienced operators with track records in both sub-sectors.

The firm has maintained a longstanding interest in the sector and has spent the past year engaging with industry leaders, attending conferences and events, and identifying geographies that present attractive long-term growth potential.

"We're excited about the prospect of supporting Power & Utility Services businesses and their owners", said Nicholas Browner, Managing Partner. "Our approach is centered on partnering with founders and management teams who have built trusted, relationship-driven companies that are people, problem-solving, and customer-centric. We aim to bring thoughtful and patient capital, strategic advice, and operational support to help these businesses continue to thrive for the long-term."

Next Steward seeks to partner with founders, owners, and management teams who are focused on legacy, client service, team culture, and long-term value creation for all stakeholders. The firm is particularly interested in businesses with strong regional reputations and a commitment to long-term community, business, and civic relationships.

About Next Steward Partners

Next Steward Partners is a next-generation private equity independent sponsor firm supported with patient institutional and family office capital. We partner with exceptional founders, owners, and management teams as the first-institutional capital to unlock barriers of growth.

With a commitment of being Great Stewards of our partnership-companies, their team members, customers, and community stakeholders, we aim to meaningfully grow and scale their businesses into impactful, market-leading businesses.

Learn more: https://www.nexsteward.com/

SOURCE Next Steward Partners