Disposition · Activity not yet classified
United Utility Services
Transaction overview
Reported completed
Exact closing date not established.
On March 2, 2026, BCP reported that it had completed the sale of United Utility Services to Sandbrook Capital, in partnership with funds managed by Blackstone Credit & Insurance. The agreement was announced December 22, 2025. The exact closing day is not identified.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- BCP Completes Sale of United Utility Services ↗
Bernhard Capital Partners · Published Mar 2, 2026
On March 2, 2026, BCP reported that it had completed the sale of United Utility Services to Sandbrook Capital, in partnership with funds managed by Blackstone Credit & Insurance. The agreement was announced December 22, 2025. The exact closing day is not identified. The retained page footer identifies BCP and Bernhard Capital Partners as trademarks of Bernhard Capital Partners Management LP, supporting sponsor-manager attribution rather than direct balance-sheet ownership.
- Sandbrook Capital Announces Acquisition of United Utility Services from BCP ↗
Bernhard Capital Partners · Published Dec 22, 2025
The December 22, 2025 announcement identifies BCP as the seller and Sandbrook with Blackstone-managed funds as the proposed buyer of United Utility Services. The retained page footer identifies BCP and Bernhard Capital Partners as trademarks of Bernhard Capital Partners Management LP, supporting sponsor-manager attribution rather than direct balance-sheet ownership.