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New Deal


Announced

Completed

Hill & Smith Holdings completed the acquisition of Prolectric Services for £18m.

Financials

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Transaction Value£18m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Renewable Energy Equipment

United Kingdom

Domestic

Acquisition

Private

solar energy solutions

Friendly

Completed

Synopsis

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Hill & Smith Holdings, the international group providing sustainable infrastructure and safe transport solutions, completed the acquisition of Prolectric Services, an off-grid solar energy solutions provider, for £18m. "Prolectric is a UK market leader in temporary solar lighting and operates in a market with excellent long term growth potential, driven by the transition from fossil fuels towards renewable energies," Paul Simmons, Hill & Smith CEO.

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