Announced
Completed
The Sterling Group completed the acquisition of PowerGrid Services from Warren Equity Partners.
Financials
Transaction Value£189m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Acquisition
Friendly
Single Bidder
Private
Conventional Electricity
Majority
utilities
Domestic
Private Equity
Completed
United States
Synopsis
The Sterling Group, a private equity firm, completed the acquisition of PowerGrid Services, a utility services business, from Warren Equity Partners, a private equity firm, for $254m. Financial terms were not disclosed.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.