Arlington Capital Acquires Nuclear Engineering Firm Enercon

Arlington Capital Partners has acquired nuclear engineering company Enercon from Oaktree Capital Management.

The deal involves merging the company with Arlington’s more broadly focused engineering firm Pond & Co.and then operating under the Enercon name, Arlington said in a statement reviewed by Bloomberg News. The combined entity will have more than 2,700 professionals and its headquarters in the Atlanta area.

Arlington acquired the majority stake with a $1.25 billion equity investment, according to people familiar with the matter, who asked not to be identified discussing private information.

A spokesperson for Arlington declined to comment on the size of ...