Announced
Completed
Financials
Tags
Australia
Engineering Consulting
Majority
Private
Private Equity
infrastructure services
construction engineering
Acquisition
Cross Border
Completed
Friendly
Single Bidder
Synopsis
Direct Capital, an investment company, completed the acquisition of Hiway Group, a construction engineering company, from The Riverside Company, a global investment firm. Financial terms were not disclosed. “We’re incredibly proud of our accomplishments at Hiway in partnership with the management team. Riverside supported the build out of a scale presence in Australia while diversifying into adjacent end-markets and exploring new technical innovations,” Steven Spiteri, The Riverside Company Operating Partner.
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