Cathexis completed the acquisition of Jones Engineering.

Cathexis, a multi-strategy holding company, completed the acquisition of Jones Engineering, a multi-disciplined engineering contracting company. Financial terms were not disclosed. “Cathexis has strong conviction for the future growth of the construction industry, and Jones Engineering offers a unique opportunity to acquire a leading international mechanical, electrical and fire protection contractor in the sector. Supported by our deep financial resources and experience of scaling companies, we believe that further investment in both Jones Engineering and Leo Lynch will allow for growth both domestically and internationally. We recognise the strong Irish heritage of both businesses and Cathexis will respect this as it targets ambitious growth in the future," Cathexis Holdings.