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New Deal


Announced

Completed

Kohlberg completed the acquisition of a 50% stake in USIC from Partners Group for $4.1bn.

Financials

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Transaction Value£3,391m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Friendly

Private

utility damage protection

Specialty Contracting

United States

Minority

Domestic

Private Equity

Completed

Synopsis

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Kohlberg, a private equity firm, completed the acquisition of a 50% stake in United States Infrastructure Company, a company which provides a comprehensive solution for utility services and damage prevention, from Partners Group, an investment company for $4.1bn. "We are honored to have the opportunity to work alongside Partners Group to support Mike and the USIC management team in its exciting next chapter of growth. USIC is uniquely positioned as a leading provider of mission-critical safety services to utilities and telecommunications customers, who are undergoing periods of significant growth and transformation driven by grid modernization, continued technological innovation, and further accelerated by infrastructure stimulus," Benjamin Mao, Kohlberg & Company Partner and Head of Infrastructure Services.

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