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New Deal


Announced

Equitix to acquire Maple TopCo from OMERS, Ontario Teachers' Pension Plan Board and SSE.

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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Pending

Majority

Private Equity

Domestic

United Kingdom

Specialty Contracting

Friendly

Private

Single Bidder

smart-metering

Acquisition

Synopsis

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Equitix, a UK investor, developer and fund manager, agreed to acquire Maple TopCo, a smart-metering business, from investors OMERS, Ontario Teachers' Pension Plan Board and SSE. Financial terms were not disclosed. "We are delighted to be acquiring MapleCo and keen to deliver its next phase of growth. This acquisition furthers our participation in the UK smart metering programme which aligns with our business objectives of investing in the country's sustainable energy transition initiatives," Achal Bhuwania, Equitix Deputy Chief Investment Officer.

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