acquisition
Technology & Operations
Ipsum Group acquires Stormport
Utilities and infrastructure services group Ipsum Group Limited has completed the acquisition of Stormport Professional Services Limited - a provider of electricity network asset installation, maintenance and repair services.
Power
NG Bailey buys Freedom Group
NG Bailey has completed the acquisition of Freedom Group, a leading provider of facilities and power engineering services.
Gas
Fulcrum completes CDS acquisition
Fulcrum, a leading independent multi-utility infrastructure and services provider, has completed a £1.4m acquisition of specialist engineering business, CDS Pipe Services Ltd.
Customers
Morrison Utility Services sold to First Reserve
Private equity firm First Reserve is to buy utilities infrastructure services provide Morrison Utility Services (MUS) from Bregal Capital and Motion Equity Partners.