M&A Deal Summary

3i Infrastructure Acquires Joulz

On March 13, 2019, infrastructure investor 3i Infrastructure acquired utilities company Joulz from Stedin Holding N.V. for 220M EUR

Acquisition Highlights
  • This is 3i Infrastructure’s 4th transaction in the Utilities sector.
  • This is 3i Infrastructure’s 4th largest (disclosed) transaction.
  • This is 3i Infrastructure’s 4th transaction in the Netherlands.

M&A Deal Summary
Date 2019-03-13
Target Joulz
Sector Utilities
Buyer(s) 3i Infrastructure
Sellers(s) Stedin Holding N.V.
Deal Type Divestiture
Deal Value 220M EUR

Target

Joulz

Delft, Netherlands
Joulz is a provider of essential energy infrastructure equipment and services. Joulz leases, operates and maintains c.4,000 medium voltage electricity installations, such as transformers, switchgear and cables, and c.50,000 electricity and gas meters. Joulz was founded in 2009 and is based in Delft, Netherlands.

Search 200,500 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

3i Infrastructure

St Helier, Channel Islands

Investor Investor Investor Investor Investor

Category Infrastructure
Founded 2007
PE ASSETS 3.9B GBP
Size Large
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 25 of 31
Sector (Utilities) 4 of 4
Type (Divestiture) 5 of 5
Country (Netherlands) 4 of 4
Year (2019) 1 of 3
Size (of disclosed) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-27 Tampnet

Stavanger, Norway

Tampnet is an authorized telecommunications operator in Australia. Tampnet is the only independent supplier of high capacity and low latency communication to offshore oil and gas installations in the North Sea. The company operates the world's largest offshore fiber infrastructure network and serves more than 100 oil and gas platforms, floating production storage and offloading units, and exploration rigs. Tampnet was founded in 2001 and is based in Stavanger, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Regional Rail

Kennett Square, Pennsylvania, United States

Regional Rail provides freight transportation, car storage, and transloading services in New York, Pennsylvania, and Delaware across three railroads and over 155 miles of track connecting into a diversified Class 1 railroad network. Regional Rail was founded in 2007 and is based in Kennett Square, Pennsylvania.

Buy -

Seller(S) 1

SELLER

Stedin Holding N.V.

Rotterdam, Netherlands
Category Company
Founded 2000
Sector Utilities
DESCRIPTION

Stedin Holding N.V. consists of three business units: grid operator Stedin, infrastructure company Joulz and DNWG Group. Stedin Groep seeks to make the energy system more sustainable and ensure that it remains robust and affordable. Stedin Holding N.V. was founded in 2000 and is based in Rotterdam, Netherlands.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

Legal