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New Deal


Announced

H2-backed Amberon completed its acquisition of MLP Traffic from Mervyn Lambert Plant.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Single Bidder

Private Equity

United Kingdom

Majority

Friendly

traffic management

Private

Specialty Contracting

Completed

Synopsis

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H2-backed Amberon, a traffic company, completed its acquisition of MLP Traffic, the traffic management trading division of Mervyn Lambert Plant, headquartered in Garboldisham, Norfolk. Financial terms were not disclosed. “This is a very exciting time for both businesses with many opportunities ahead, the opportunity to work with the leading firm in East Anglia and expand our joint presence in the South East is strategically attractive. MLP Traffic has a great reputation and a fantastic management team with whom we look forward to working in the future,” Daniel East, Amberon Commercial Director.

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