M&A Deal Summary

HICL Infrastructure Acquires Alpha Schools

On March 25, 2013, infrastructure investor HICL Infrastructure Co. Ltd. acquired education company Alpha Schools (Highland) Ltd. from 3i Infrastructure plc for 21M GBP

Acquisition Highlights
  • This is HICL Infrastructure’s 1st transaction in the Education sector.
  • This is HICL Infrastructure’s 1st largest (disclosed) transaction.
  • This is HICL Infrastructure’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2013-03-25
Target Alpha Schools (Highland) Ltd.
Sector Education
Buyer(s) HICL Infrastructure Co. Ltd.
Sellers(s) 3i Infrastructure plc
Deal Type Secondary Buyout
Deal Value 21M GBP

Target

Alpha Schools (Highland) Ltd.

London, United Kingdom
Alpha Schools (Highland) Limited is a GBP176m project to build 10 new schools in Scotland under a 30 year PFI contract and in which 3i Infrastructure Limited has committed to invest c.GBP7m. Construction has started and the target date for completion of all schools is 2010.

Search 159,180 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

HICL Infrastructure Co. Ltd.

Investor Investor Investor Investor Investor

website


Category Infrastructure
Founded 2006
PE ASSETS 9.0B USD
SizeMega
Type Sector Focused
DESCRIPTION

HICL is a long-term equity investor in social, transportation and similar infrastructure projects. The Firm will consider opportunities in developed markets such as the UK, North America, Australia/New Zealand, and certain countries in Europe. Target segments include public-private partnerships, regulated assets/utilities, and demand-based assets such as toll roads and housing. HICL was formed in 2006 and is headquartered in Guernsey, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

3i Infrastructure plc

Jersey, Channel Islands

Investor Investor Investor Investor Investor

website


Category Infrastructure
Founded 2007
PE ASSETS 1.6B GBP
SizeLarge
Type Sector Focused
DESCRIPTION

3i Infrastructure plc is a listed infrastructure investment arm of 3i Group plc. 3i infrastructure invests mainly in Europe and Asia companies with stable underlying performance: asset-intensive businesses, providing essential services over the long term, often on a regulated basis, or with significant contracted revenues. The firm focuses on the Utilities, Transportation, and Social Infrastructure sectors through equity and junior or mezzanine debt investments in the range of £100m–£300 million per transaction. 3i infrastructure was formed in 2007 and is based in Jersey, Channel Islands.


DEAL STATS #
Overall 2 of 5
Sector (Education) 1 of 1
Type (Secondary Buyout) 1 of 3
Country (United Kingdom) 1 of 3
Year (2013) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Wireless Infrastructure Group Ltd.

Bellshill, United Kingdom

Wireless Infrastructure Group Ltd. is a telecoms infrastructure company involved in the ownership and management of mobile cell sites in the UK and Europe. WIG acquires, manages and operates wireless cell sites (rooftop or greenfield masts or towers) for wireless service providers. Wireless Infrastructure Group Ltd. was established in 1995 and is based in Bellshill, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-27 Crossrail Ltd.

London, United Kingdom

Crossrail's estimated benefit to the uk economy is at least £42 billion. We have let some of the largest value contracts in UK construction history, providing a much needed boost to the construction industry and creating major job opportunities.

Buy -