Announced
Completed
Financials
Tags
Acquisition
Single Bidder
Friendly
Maintenance Repair and Overhaul (MRO)
Private
Completed
Mechanical engineering
Private Equity
Cross Border
electrical engineering
Majority
Ireland
Synopsis
Duke Street, a private equity firm, completed the acquisition of Suir Engineering, a provider of mechanical, electrical and instrumentation engineering services. Financial terms were not disclosed. "We are delighted to acquire Suir Engineering, a market-leading business that is a great fit for our investment program. The Duke Street team has previous successful experience in industrial services as well as Suir’s underlying sectors. The company has a highly skilled workforce, an extremely strong safety record and a healthy pipeline of projects across Europe in all of its highly attractive end-sectors. We have been impressed with Suir’s growth strategy and we look forward to actively supporting the existing management team in delivering their ambitious plans," Paul Adams, Duke Street Partner.
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