Clearwater UK has advised private equity firm LDC and the management of Dale Power Solutions (Dale), provider of critical power supplies, on the sale of the business to NVM Private Equity (NVM).
Dale is one of the UK’s leading national providers of reliable secure power solutions for applications where power is critical. It serves organisations in many diverse sectors including telecoms, healthcare, oil & gas and utilities, as well as the power distribution network itself. Dale employs more than 270 people across the UK, including a nationwide team of more than 70 service engineers. With its strong brand reputation, based on technical excellence, design capability and high quality service back-up, the business has built up an impressive list of global blue-chip clients including NEC, Siemens, National Grid, ISG, Mitie, Northern Power Grid, Vodafone and Thames Water.
New opportunities for Dale in areas such as energy storage, are expected to complement strong organic growth in its core business, in what is a rapidly developing energy market in the UK. The investment from NVM will also provide scope to consolidate its position as the leading independent UK provider of these services through acquisition. The deal is NVM's first management buyout from NVM III LP.
