Announced
Completed
Financials
Sources
Tags
Maintenance Repair and Overhaul (MRO)
Cross Border
Minority
Completed
Single Bidder
United States
maintenance
Acquisition
Private
Private Equity
Friendly
Synopsis
LDC, a private equity firm, completed the investment in Boston Energy, a technical services provider to the wind energy industry. Financial terms were not disclosed. “It’s remarkable to reflect on how much the industry has evolved since we started the business over a decade ago. During that time, we’ve maintained our commitment to our customers and, with LDC’s support, we’ll continue to provide them with the very best tailored service. LDC’s heritage of supporting the growth of Yorkshire-based businesses combined with being part of Lloyds Banking Group – one of the UK’s most active supporters of the UK offshore wind industry – make it the ideal partner and means we’re perfectly positioned to start this new chapter," Mark Parkes, Bostonair Group Founder.
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