Deal Snapshot
US INDUSTRIAL AND COMMERCIAL SERVICES FIRMS BRAND ENERGY AND INFRASTRUCTURE SERVICES AND SAFWAY GROUP CLOSE MERGER
Friday 23 June 2017

US-based Brand Energy and Infrastructure Services and Safway Group have closed their merger, creating an integrated industrial and commercial services company, the companies said.
This deal was announced in March. Brand Energy and Infrastructure Services is a portfolio company of US-based private investment firm Clayton, Dubilier and Rice, while Safway Group is owned by Odyssey Investment Partners. CD/R will be the controlling shareholder of the combined company. Odyssey, which acquired Safway in 2009, will exit its investment.


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Details
Date Published: 23/06/2017
Target: Safway Group
Country: USA
Sector: Construction/Real Estate
Type: LBO
Financing:
Status: Closed
Vendor: Odyssey Investment Partners
Buyer: Brand Energy and Infrastructure Services/ Clayton, Dubilier and Rice
Buyer Advisor: Goldman Sachs, and Co , Barclays , ING Capital , Peter J. Solomon Co , Debevoise and Plimpton
Comment:
Terms of the deal were not disclosed

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