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John Curtin, Partner, Clearwater International also added: “We were delighted to have the opportunity to work with PJ and John again having advised on the initial MBO in 2015. H&MV has grown to become an international market leader in specialist high voltage electrical contracting. This transaction marks a strong result for the H&MV management team and MML, while positioning the company to achieve their ambitious international growth plans with their new partner, Novus.”
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P.J. Flanagan, CEO, H&MV Engineering said: “We are delighted with this MBO, which is great news for our employees and the long-term future of H&MV Engineering. As part of our new ownership structure, we now look forward to further developing H&MV as a global leader in turnkey energy solutions. We would like to thank MML for their support over the last three years and wish them continued success in the future. We would also like to thank John and the Clearwater team. We have a trusted relationship with Clearwater having also advised us on the initial MBO in 2015, with their guidance and expertise proving to be invaluable once again.”
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Rory Quirke, Co-Head Investing, MML Growth Capital Partners Ireland Limited added: “We are thrilled with our successful exit from H&MV. It has been a privilege to partner with P.J., John and their management team on what has been an exciting journey, growing the business into a recognised leader in international markets. We wish P.J., John, Novus and all at H&MV continued success and have no doubt they will thrive with further international expansion.”
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P.J. Flanagan, CEO, H&MV Engineering said: “We are delighted with this MBO, which is great news for our employees and the long-term future of H&MV Engineering. As part of our new ownership structure, we now look forward to further developing H&MV as a global leader in turnkey energy solutions. We would like to thank MML for their support over the last three years and wish them continued success in the future. We would also like to thank John and the Clearwater team. We have a trusted relationship with Clearwater having also advised us on the initial MBO in 2015, with their guidance and expertise proving to be invaluable once again.”
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