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Announced

Completed

American Securities completed the acquisition of CS Energy from Ares Management and The Conti 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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electricity generation

Completed

Private Equity

Australia

Friendly

Majority

Single Bidder

Alternative Electricity

Acquisition

Cross Border

Private

Synopsis

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American Securities, a private equity firm, completed the acquisition of CS Energy, an integrated energy firm, from Ares Management, a global alternative investment manager, and The Conti Group, a construction engineering company. Financial terms were not disclosed. "CS Energy is extremely excited to be partnering with American Securities through our next phase of growth. Our management team and strategy will remain consistent on a go-forward basis and we are excited to continue to grow our business by continuing to execute great projects for our customers," Matthew Skidmore, CS Energy CEO.

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