Announced

FitzWalter Capital to acquire TriConnex and eSmart Networks from Nexus Infrastructure for £78m.

Synopsis

FitzWalter Capital, a private equity firm, agreed to acquire energy decarbonization and utility companies TriConnex and eSmart Networks from Nexus Infrastructure, an engineering and infrastructure company, for £78m. "Having undertaken a significant review of the Nexus Group, the Board believes that we have achieved a positive outcome for shareholders and stakeholders. The transaction today crystallises the inherent value of TriConnex and eSmart Networks and ensures Tamdown is well capitalised and able to progress with its two-year turnaround plan focusing on high quality contracts and improving operating margins towards those achieved historically," Richard Kilner, Nexus Chairman.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US