Clearwater advises on the MBO of H&MV Engineering
MML Growth Capital Partners Ireland has invested in H&MV Engineering (‘H&MV’), a leading electrical engineering services business. Clearwater advised the shareholders and executive management of H&MV on the transaction.
H&MV was established in 1997 and is now among the leading specialist high voltage electrical contracting and consulting companies in Ireland, with an increasing level of activity in overseas markets. It provides specialist services to a range of clients for design, installation, commissioning and maintenance of transmission and distribution networks with a particular focus on the data centre and renewables sectors.
The deal sees MML back the existing management team, led by PJ Flanagan and John Stokes. The MML investment was made through MML Growth Capital Partners Ireland, a fund dedicated to backing private businesses located on the island of Ireland. H&MV will use the recent investment to expand domestically and internationally.
