Transaction

Clearwater advises WHP Telecoms on its acquisition of ICS Group

Transaction

WHP Telecoms acquired ICS Group

Buy-side

Undisclosed

Role

Adviser to WHP Telecoms on its acquisition of ICS Group

Sector

Industrial & Chemicals

Region

United Kingdom

Clearwater has advised WHP Telecoms on its acquisition of ICS Group, a market-leading telecom rigging installations and design company.

The latest acquisition for Equistone-backed WHP Telecoms represents its third in a short period of time, following its acquisition of Redhall Network Solutions and Blue Clarity Design Services, all of which were advised by Clearwater.

Founded in 2004 by Alex Welch and Matthew Riches, with Kevin Doncaster joining as director in 2005, ICS Group has grown into a market-leading telecom rigging installations and design company with headquarters in Braintree, Essex and a regional office in Cambridgeshire. The Group provides full design and build services to multinational telecommunications firm Telefonica in London and South East, alongside delivering sites for many other suppliers UK wide.

Headquartered in Warrington, WHP has seven offices and a workforce of c.700 people across the UK. WHP is a market-leading provider of infrastructure support and deployment services to the UK telecommunications industry. WHP works closely with all the key parties in the industry, offering a complete range of in-house, multi-disciplinary capabilities.

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ICS is a unique company renowned for its design and build capability, something that WHP has been committed to investing in in recent years. They have an excellent roster of high-profile clients that have clear synergies with our wider portfolio, so we are delighted to be welcoming Alex, Kevin, Matt and the whole team into the group.

Rob Potter, Chief Executive, WHP Telecoms
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ICS has worked with WHP for over a decade on a number of projects so have already formed a strong working relationship. The wealth of knowledge and experience within WHP will enable growth and introduce new opportunities to ICS.

Alex Welch, Matthew Riches and Kevin Doncaster, Founders of ICS Group

Advisers

Transactions