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New Deal


Announced

OMERS Private Equity to acquire Network Plus from LivingBridge.

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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Engineering Consulting

infrastructure services

Acquisition

Majority

Friendly

Private Equity

Pending

Single Bidder

Cross Border

United Kingdom

Private

Synopsis

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OMERS Private Equity, a private equity firm, agreed to acquire Network Plus, a utility and infrastructure service provider, from Livingbridge, a mid-market private equity firm. Financial terms are not disclosed. “For the last five years, Dan Holland and Stuart Fraser, along with the Network Plus management team, have built a market-leading business with a world-class customer-centric reputation, and we are delighted to have the opportunity to partner with them on the next phase of the business’ development. As long-term partners with evergreen capital, OMERS is uniquely placed to support the business going forward, not least the role it has to play assisting UK infrastructure with the significant investment required across energy transition, decarbonisation and sustainability," Jonathan Mussellwhite, OMERS Senior Managing Director.

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