Spain's construction group Ferrovial S.A. has agreed to sell its U.K. services unit Amey Group to private equity investors in a deal with an enterprise value of $443 million. The sale almost completes Ferrovial's move deeper into infrastructure development, construction and management.The sale "represents a step forward in our Horizon 24 business plan, focused on developing sustainable infrastructure to continue creating value for our shareholders, and the communities in which we op...
Spain's construction group Ferrovial S.A. has agreed to sell its U.K. services unit Amey Group to private equity investors in a deal with an enterprise value of $443 million. The sale almost completes Ferrovial's move deeper into infrastructure development, construction and management.The sale "represents a step forward in our Horizon 24 business plan, focused on developing sustainable infrastructure to continue creating value for our shareholders, and the communities in which we op...
Former Spanish owner Ferrovial said the deal was worth ยฃ400m for the Amey infrastructure services and consulting business which employs 11,000 people and has a turnover of ยฃ1.4bn. Buckthorn has partnered in the deal with One Equity Partners and is vowing to โinvest in Amey to strengthen and grow the business and to access new opportunities, particularly in energy transition.โ Nicholas Gee, Founding Partner at Buckthorn Partners, said: โAmey is at the heart of developing innovative rout...
Former Spanish owner Ferrovial said the deal was worth ยฃ400m for the Amey infrastructure services and consulting business which employs 11,000 people and has a turnover of ยฃ1.4bn. Buckthorn has partnered in the deal with One Equity Partners and is vowing to โinvest in Amey to strengthen and grow the business and to access new opportunities, particularly in energy transition.โ Nicholas Gee, Founding Partner at Buckthorn Partners, said: โAmey is at the heart of developing innovative rout...
CPS managing director Liam Connelly will reinvest alongside H.I.G. in the ยฃ25m revenue specialist which instals and maintains heating, cooling, ventilation and electrical systems for healthcare, life sciences, defence and education clients H.I.G. said it intended to use CPS to form the core of a wider technical building services group by acquiring businesses active in fire protection, water and pumps, lifts maintenance, access and security, and associated compliance services. H.I.G. is partne...
CPS managing director Liam Connelly will reinvest alongside H.I.G. in the ยฃ25m revenue specialist which instals and maintains heating, cooling, ventilation and electrical systems for healthcare, life sciences, defence and education clients H.I.G. said it intended to use CPS to form the core of a wider technical building services group by acquiring businesses active in fire protection, water and pumps, lifts maintenance, access and security, and associated compliance services. H.I.G. is partne...
A Dallas developer has sold another of its apartment communities โ this time for $260 million, showing how hungry investors are for multifamily assets in metro Phoenix. Here's why.
A Dallas developer has sold another of its apartment communities โ this time for $260 million, showing how hungry investors are for multifamily assets in metro Phoenix. Here's why.
Based in Stockport, OCU is the holding company for OโConnor Utilities and Instalcom which operate within regulated infrastructure markets, including electricity, rail, water, gas and telecoms. Founded in 1994 by brothers Tim and Tom OโConnor, OCU has a workforce of over 3,000 staff and contractors across the country and delivered revenues of around ยฃ300m in the financial year to April 2022. Triton Partners said that the new partnership would see further investment in non-regulated opportu...
Based in Stockport, OCU is the holding company for OโConnor Utilities and Instalcom which operate within regulated infrastructure markets, including electricity, rail, water, gas and telecoms. Founded in 1994 by brothers Tim and Tom OโConnor, OCU has a workforce of over 3,000 staff and contractors across the country and delivered revenues of around ยฃ300m in the financial year to April 2022. Triton Partners said that the new partnership would see further investment in non-regulated opportu...
Oakley Capital has bought CTS Group as part of a wider ambition to create a major player in the global testing, inspection, certification, and compliance market. In parallel with the deal, Oakley is also financing testing, inspection, certification, and compliance group Phenna in a deal valuing the business at ยฃ1bn. CTS will now join Phenna as it seeks to grow from its base in a dozen countries. Phenna was formed in 2018 and now incorporates 31 independent businesses that provide specialist s...
Oakley Capital has bought CTS Group as part of a wider ambition to create a major player in the global testing, inspection, certification, and compliance market. In parallel with the deal, Oakley is also financing testing, inspection, certification, and compliance group Phenna in a deal valuing the business at ยฃ1bn. CTS will now join Phenna as it seeks to grow from its base in a dozen countries. Phenna was formed in 2018 and now incorporates 31 independent businesses that provide specialist s...
