H.I.G. Capital closes Avove Limited acquisition
Avove designs and builds end-to-end solutions for water, wastewater, and power utilities across Great Britain and Northern Ireland and benefits from the AMP8 water investment cycle, which targets renewing aging assets, reducing pollution incidents, and strengthening climate resilience.
Takeaways
- Avove is a UK infrastructure services and engineering company for regulated water and power markets.
- H.I.G. Capital is acquiring Avove.
- The target serves regulated utilities in water, wastewater, and power sectors across United Kingdom.
H.I.G. Capital acquired Avove Limited, a UK infrastructure services and engineering company.
Avove designs and builds end-to-end solutions for water, wastewater, and power utilities across Great Britain and Northern Ireland and benefits from the AMP8 water investment cycle, which targets renewing aging assets, reducing pollution incidents, and strengthening climate resilience.
CEO Mark Perkins and the management team will reinvest alongside H.I.G. and pursue growth through M&A.
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