TPG, the global alternative asset management firm based in Fort Worth and San Francisco, today announced it has signed definitive agreements to acquire a majority stake in Alvarado-based Sabre Industries Inc.
The investment will be made through TPG Rise Climate, the firm’s dedicated climate investing platform.
Funds managed by Blackstone Energy Transition Partners, which first invested in Sabre in 2021, will retain a significant minority stake and continue their partnership with the Company.
Founded in 1977 and headquartered in Alvarado, Sabre Industries is a leading provider of highly engineered infrastructure solutions for power utilities, telecommunications, and data center customers. The company designs, engineers, and manufactures advanced electrical transmission and distribution structures, wireless towers and associated components, integrated electrical enclosures, and related structures through a fully integrated engineering and manufacturing platform.
Sabre’s largest business segment supports modernization and reliability of America’s electrical grid, while its integrated enclosures are increasingly used to meet demands of large-scale data center projects and support the nation’s digital infrastructure build-out. With approximately 2,800 employees and more than 2.3 million square feet of domestic manufacturing space, Sabre is a trusted partner to utilities and infrastructure clients nationwide.
In the release, Sabre CEO and President Timothy Rossetti emphasized the company’s engineering and manufacturing expertise and said TPG Rise Climate’s strengths make it an “right partner” to support continued scaling and manufacturing enhancements.
TPG Partner Steven Mandel said Sabre’s offerings play a “vital role” in strengthening America’s power infrastructure, and JP Munfa of Blackstone highlighted Sabre’s growth under Blackstone’s investment.
The transaction, subject to customary approvals and closing conditions, is expected to close by the second quarter of 2026. Terms were not disclosed.