.
MergerLinks Header Logo

New Deal


Announced

Completed

Princeton Equity Group completed an investment in Pirtek.

Financials

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

Tags

Edit

Completed

Private Equity

hydraulic pipes

United Kingdom

Pipelines

Acquisition

Minority

Private

Cross Border

Friendly

Single Bidder

Synopsis

Edit

Princeton Equity Group, a private equity firm, completed an investment in Pirtek, a franchisor of hydraulic hose repair and replacement services. Financial terms were not disclosed. "We are very excited to partner with this exceptional company and management team to continue serving the existing franchisee and customer base. Pirtek's substantial recent growth, strong market leadership, and happy customers are the result of the hard work of an outstanding franchisee base and management team under the leadership of CEO, Kim Gubera, and Executive Chairman, Glenn Duncan. We look forward to supporting the business as it enters its next phase of growth,"  Doug Kennealey, Princeton Equity Co-Founder and Managing Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US