TPG buys majority stake in power infra firm Sabre Industries
ReutersFeb 6, 2026 4:11 PM
NEW YORK, Feb 6 (Reuters) - Private markets firm TPG TPG.O has agreed to buy a majority stake in Sabre Industries from Blackstone BX.N, the companies said on Friday, in a deal people familiar with the matter said valued the power infrastructure company at around $3.5 billion.
Blackstone will maintain a significant minority stake in Texas-based Sabre, which makes components for electricity and communications infrastructure. It has around 2,800 employees and its biggest business is in the utility sector, the companies said in a statement.
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