EMK Capital

Canaccord Genuity Acts as Exclusive Financial Advisor to EMK Capital on its Acquisition of Keltbray Infrastructure Services

Canaccord Genuity is pleased to announce that its client, global private equity firm EMK Capital, has completed the acquisition of Keltbray Infrastructure Services Limited (“KISL” or the “Company”), a multi-disciplinary energy and transport networks specialist and engineering services provider. The Company has been acquired from Keltbray, which will focus on its core business areas as a specialist contractor in the built environment and major civil engineering markets.

KISL is a leading provider of safety-critical, highly regulated energy networks and transport services across the UK, with core services spanning the design, engineering, installation, maintenance, and crisis response of essential infrastructures across power, renewables, nuclear decommissioning, railways, highways and local governments. The Company has built strong partnerships with a diverse base of blue-chip infrastructure network operators, leading to the twelve-fold growth of its orderbook over the last five years, which now stands at +£1.1billion. The Company also has over 1,100 dedicated, professionally accredited technical staff.

Positive long-term secular trends, including the growing need for investment in the UK’s critical infrastructure assets and the broader transition towards a low-carbon, digital-enabled, and energy-secure future, will also fuel KISL’s growth.

EMK Capital will provide the financial backing and further strategic guidance to support KISL and its management team as they accelerate the Company’s ambitious growth plans. Drawing on its expertise in infrastructure and engineering services, EMK will support the Company to further strengthen its position and unlock additional growth both organically and through further acquisitions. KISL will in due course be renamed and branded to remove the ‘Keltbray’ reference, reflecting its new ownership and strategic direction.