DIF Capital Partners, through its fund DIF Infrastructure VI, has announced an agreement to acquire Bernhard, LLC from an affiliate of Bernhard Capital Partners in the USA.

Bernhard is the largest privately-owned Energy-as-a-Service solutions company that has provided solutions to its customers’ energy and infrastructure needs for more than 100 years. Bernhard enters into long-term turnkey EaaS concession contracts to upgrade, retrofit and service large existing building energy facilities with the aim to achieve energy savings.

The company's clients are predominantly higher education and healthcare institutions. Bernhard has closed 15 EaaS transactions. With DIF’s acquisition of Bernhard, the company will continue the acceleration of its market-leading core EaaS business to healthcare and higher education facilities.