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Announced

OMERS Private Equity to acquire Network Plus from LivingBridge.

Synopsis

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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