Limerick’s H&MV Engineering Taps Fresh Funding, Shares Hiring Plans
Apollo S3, Pantheon and SQ Capital Partners are backing H&MV’s expansion as the engineering firm targets 3,000 employees and €3 billion in annual revenue.
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H&MV Engineering is targeting 1,000 new jobs over the next five years after securing €750m in fresh investment
Pictured at Limerick headquartered H&MV Engineering are (L-R) PJ Flanagan, CEO H&MV Engineering and David Maher, Managing Director, H&MV Engineering Limerick headquartered H&MV Engineering €1.4bn valuation puts Limerick firm on […] The post H&MV Engineering is targeting 1,000 new jobs over the next five years after securing €750m in fresh investment appeared first on I Love Limerick.
Limerick's H&MV valued at €1.4bn after US investment
Limerick's H&MV Engineering has been valued at €1.4bn after securing new investment. The high-voltage engineering and critical power infrastructure services company will receive €750m from existing investor Exponent and new investors Apollo S3, Pantheon and SQ Capital. The transaction provides H&MV with long-term capital backing for its US expansion, recruitment across its operations globally and investment in new engineering capabilities and st…
Exponent closes €750m H&MV Engineering continuation fund for at €1.4bn valuation
European private equity firm Exponent has raised €750m ($866m) through a continuation fund to extend its ownership of H&MV Engineering, as the electrical infrastructure specialist expands its presence in the US amid surging demand from data centres, AI and renewable energy. The continuation vehicle was oversubscribed and values Ireland-headquartered H&MV at approximately €1.4bn. Apollo Global Management’s secondaries business, Pantheon and SQ Ca…
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