Neos Partners

Neos Partners

Neos Partners was founded by Peter Jonna and Brad Forth, degreed engineers who built the firm as a founder-owned platform anchored by an industry network that has committed more than $260 million alongside institutional capital. The firm invests exclusively in middle-market product and service companies whose revenue derives from the renewable energy, power grid, infrastructure, data center, and energy-intensive industrial sectors. Neos pursues control or control-oriented equity investments and uses limited debt, often leaving portfolio companies debt-free to preserve operational flexibility. The portfolio spans engineering, manufacturing, field services, and electrical infrastructure. Confirmed positions include ANS, an engineering firm focused on renewable energy and battery storage; Forgent Power Solutions, which designs custom electrical distribution equipment for data centers and the power grid; Gridstone, a transmission and distribution services provider for investor-owned utilities and cooperatives; Mill Creek Renewables, an engineering and construction firm for utility-scale solar and storage; and Panelmatic, a manufacturer of prefabricated electrical assemblies for utility and industrial end markets. The firm’s partner companies are headquartered in the United States and Canada, and many maintain international footprints. Neos manages $2.7 billion of capital. The firm lists 26 team members and supplements its investment staff with a Senior Advisor network composed of founders and senior executives from its target sectors. These advisors support portfolio-company initiatives such as capacity additions, customer growth, team buildout, and geographic expansion. The investment team functions as an outsourced corporate-development resource, running M&A, strategic development, and capital-structure work for the underlying companies. Structurally, Neos operates as a partnership that couples permanent institutional capital with a curated industry network, giving its deal team a proprietary sourcing channel that most middle-market energy and infrastructure firms lack. The firm is founder-owned rather than a spinout, and its mandate concentrates exclusively on companies that provide products and services to the energy transition and critical infrastructure economy — a deliberate single-sector focus that departs from the multi-sector approach common among middle-market private equity peers.