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Announced

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John Laing Group completed the acquisition of three Irish assets of AMP Capital.

Synopsis

John Laing Group, a private equity firm, completed the acquisition of three Irish assets of AMP Capital, a private equity firm. Financial terms were not disclosed. The three assets include Convention Centre Dublin, Ireland’s only purpose-built convention centre with an 8k-person capacity. Towercom, Ireland’s largest independent telecommunications tower company. Valley Healthcare, Ireland’s largest primary care centre operator. “This acquisition, the largest single investment in John Laing’s history, enables us to scale and diversify our portfolio with three assets that enjoy strong market positions and limited correlation to economic cycles, all underpinned by long-term contracts. We are also excited by the chance to invest in Ireland, the fastest-growing economy in the eurozone and a country where we expect to see a pipeline of further investment opportunities," Jamie Christmas, John Laing Acting CEO and CFO.

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