OMERS Private Equity to acquire Network Plus from Livingbridge.

OMERS Private Equity, a private equity firm specializing in buyouts of middle market, later stage, and mature companies, agreed to acquire Network Plus, a utility and infrastructure repair and maintenance service provider in the UK, from Livingbridge, a private equity firm. Financial terms were 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 and Head of European Private Equity.