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New Deal


Announced

Completed

LDC completed the investment in Boston Energy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Maintenance Repair and Overhaul (MRO)

Cross Border

Minority

Completed

Single Bidder

United States

maintenance

Acquisition

Private

Private Equity

Friendly

Synopsis

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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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