A&O advises OMERS Private Equity on agreement to acquire Network Plus
12 July 2022
London – A team comprising specialists across M&A and leveraged finance has advised OMERS Private Equity on its agreement with management shareholders and Livingbridge to acquire Network Plus, a leading utility and infrastructure repair and maintenance service provider in the UK. OMERS Private Equity invests on behalf of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada.
Network Plus is one of the UK’s leading utility and infrastructure service providers and partners with blue chip organisations to maintain and deliver essential services, including water, electricity, gas and telecoms, to homes, businesses and industry.
The A&O team was led on the M&A side by private equity partner Gordon Milne and senior associate James Funder, with associates Felix Jiang and Angela Chan and on the financing side by leveraged finance partner Vanessa Xu and senior associate Nick Hallam with support from associate Sydney Kitchen.