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Watt Bidco/Edison Voltage

M/22/009

Completed

Transaction details

The proposed acquisition by Watt Bidco Limited, a wholly owned indirect subsidiary of Exponent Private Equity IV LP, of the entire issued share capital of the group of companies held by Edison Voltage Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:15 February 2022
  • Publication date:15 February 2022
  • Economic sector:Supply of electricity, gas & other - D
  • Economic sub-sector:Energy & air conditioning supply - D.35
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Tuesday, 15 February, 2022 Notification received
  • Monday, 28 February, 2022 Third party submission deadline
  • Friday, 4 March, 2022 Determination issued
Parties Involved

Watt Bidco Limited

Watt Bidco Limited is an indirect 100% subsidiary of Exponent Private Equity IV LP which is itself an investment fund managed by Exponent Private Equity LLP. Exponent is a limited liability partnership incorporated in England and Wales that makes private equity investments in businesses located in the United Kingdom, Ireland and across Europe. Exponent’s investments involve a range of different industry sectors, including healthcare, food, transportation, advertising, and financial sectors

 

Edison Voltage Limited

The group of companies held by Edison Voltage Limited are specialised in in High Voltage transmission and distribution systems primarily in Ireland and the UK with some activities in other jurisdictions such as Netherlands, Germany, Spain, India, Italy and Norway. The group provides turnkey services for design, installation, commissioning and maintenance (including asset management) of High Voltage transmission and distribution networks across three primary sectors: (i) data centres, (ii) renewables, and (iii) utilities.

Contacts
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