UK environmental consulting and engineering service provider RSK Group is set to receive a £500m preferred equity investment from a consortium led by Searchlight Capital Partners and Ares Management.
The investment will contribute to the execution of RSK’s 2030 global strategy, which includes both organic growth initiatives and the continuation of its acquisition strategy, according to a company statement.
In addition, Ares has committed a £300m debt facility to support RSK’s expansion plans, bringing the total available debt facilities provided by Ares to £1.4bn.
RSK is based in Cheshire and offers services to clients across water, energy, construction and infrastructure.
Searchlight Capital Partners is a global private investment firm managing over $14bn in AUM, with offices in London, New York, Miami and Toronto. Ares Management is a global alternative investment manager with approximately $428bn in AUM as of 31 March, offering primary and secondary investment solutions across credit, real estate, private equity and infrastructure asset classes.
Source: Private Equity Wire
Can’t stop reading? Read more
ChrysCapital to invest $100m in India’s Lenskart
Private equity firm ChrysCapital is set to invest $100 million in Indian eyewear brand...
Antares Capital closes $400m Collateralised Loan Obligation
Antares Capital has closed its third broadly syndicated loan collateralised loan obligation, Orion...
Charlesbank Capital Partners Closes Technology Opportunities Fund II at $1.275bn
Charlesbank Capital Partners, a middle-market private investment firm, announced today that it has...