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Announced

Completed

Equistone-backed WHP Telecoms completed the acquisition of ICS Group.

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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Completed

Acquisition

Domestic

Private Equity

Private

Single Bidder

Telecommunications Equipment

Friendly

United Kingdom

Majority

telecom rigging installations

Synopsis

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Equistone-backed WHP Telecoms, a provider of telecoms infrastructure support, completed the acquisition of Intelligent Communications Solutions Group, a telecom rigging installations and design company. Financial terms were not disclosed. “ICS is a unique company renowned for its design and build capability, something that WHP has been committed to investing in in recent years. They have an excellent roster of high-profile clients that have clear synergies with our wider portfolio, so we are delighted to be welcoming Alex, Kevin, Matt and the whole team into the group," Rob Potter, WHP CEO.

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