Announced
Completed
Financials
Tags
Acquisition
Majority
Facilities Technology
traffic management
United Kingdom
Domestic
Private
Friendly
Single Bidder
Private Equity
Completed
Synopsis
3i Infrastructure, an infrastructure investment company, completed the acquisition of a 92% stake in SRL Traffic Systems, a traffic light manufacturer and hirer, from LDC, a private equity firm, for $253m. “SRL is an attractive core-plus infrastructure business and is well-suited to 3i Infrastructure’s strategy of investing in asset-intensive companies. The business has a strong position through its extensive depot network and market-leading reputation,” Richard Laing, 3i Infrastructure Chairman.
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