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New Deal


Announced

Completed

Brookfield-backed Westinghouse completed the acquisition of the Civil Nuclear Systems and Services business of Rolls-Royce.

Financials

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

Tags

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Private Equity

Friendly

engineering services

Diversified Industrials

Majority

data solutions

Private

United States

Acquisition

Single Bidder

Completed

Synopsis

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Brookfield-backed Westinghouse Electric, the nuclear energy company, completed the acquisition of the Civil Nuclear Systems and Services business, which offers services from engineering and software and data solutions to maintenance optimization and field services, from Rolls-Royce, a British multinational engineering company. Financial terms were not disclosed. "Both Westinghouse and Rolls-Royce Civil Nuclear customers will gain an expanded presence and benefit from synergies between our companies. With this strategic investment, we are enhancing our customer offerings in order to support their long-term operating goals to produce carbon-free, cost-effective and reliable energy," Patrick Fragman, Westinghouse President, and CEO.

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