Press Release
September 19, 2024

LGT Capital Partners-advised entities acquire minority stake in H&MV Engineering

The Goodwin Private Equity team provided legal counsel to entities advised by LGT Capital Partners Ltd on their investment into H&MV Engineering Ltd. (“H&MV”). The investment will be structured as an acquisition of shares from H&MV’s majority owner Exponent Private Equity LLP (“Exponent”) and various management shareholders, as well as a subscription for new shares.

H&MV is a leading provider of specialist design, engineering, and construction services in the energy sector. Headquartered in Limerick, Ireland, the company is primarily involved in the design and installation of high voltage substations and electrical systems for a range of utility companies and private clients. Their services cater to various sectors, including power generation, transmission, and distribution, renewable energy, and industrial and commercial projects. H&MV operates globally, serving clients across multiple regions.

Exponent is a London-based private equity firm investing in companies headquartered throughout Europe and across various sectors.

LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 44 countries. An international team of 850 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies.

The Goodwin team included Carl Bradshaw, Anne Stroude, Taarika Sridhar, Andrew Crouch and Ollie Thesiger (Corporate, London), Eram Khan, Anuj Ghai, Sophie Entwisle, and Alex Jobson (Antitrust, London), and Dulcie Daly and Rebecca Wallis (Tax, London).

For additional details, please read the press release.