Blackstone (NYSE:BX) is acquiring Arlington Industries, a company that designs and manufactures electrical products.

• Blackstone shares are consolidating. What’s next for BX stock?

Funds managed by Blackstone Energy Transition Partners, Blackstone’s energy-focused private equity business, have entered into a definitive agreement with Arlington, stated an announcement by the firm. Terms of the transaction were not disclosed, although the deal is expected to close in the first quarter of 2026.

UBS Bank and Sullivan and Cromwell acted as financial advisor and legal counsel to Arlington, respectively.

Bilal Khan, senior managing director, and Mark Zhu, managing director, at Blackstone Energy Transition Partners, said: "Together with Blackstone's scale, resources and global network, we look forward to further expanding Arlington's product offerings and supporting the company's track record of innovation and long-term growth."

Arlington designs and manufactures a range of electrical products such as fittings, enclosures and other components. These products are used in commercial, industrial and data center facilities.

Blackstone Energy Transition Partners has had several electrification and energy transition transactions recently, including Alliance Technical Group, Maclean Powers Systems, Wolf Summit Energy, Hill Top Energy Center, Shermco, Enverus, Lancium, and Westwood, the press release continued.

Blackstone Energy Transition Partners is Blackstone's strategy for control-oriented equity investments in energy-related businesses. The group has committed more than $27 billion of equity globally across the energy transition landscape. 

Photo: Shutterstock