Investment Summary

FSN Capital Invests In UHL Bau

On May 13, 2025, private equity firm FSN Capital invested in engineering company UHL Bau

Investment Highlights
  • This is FSN Capital’s 1st transaction in the Engineering sector.
  • This is FSN Capital’s 1st transaction in Austria.

Investment Summary

Date 2025-05-13
Target UHL Bau
Sector Engineering
Investor(s) FSN Capital
Deal Type Growth Capital

Target

UHL Bau

Wiener Neustadt, Austria
UHL Bau provides civil engineering and underground utility construction for critical infrastructure. The company offers a wide range of services for the construction and maintenance of utility infrastructure for electricity, water, sewage, gas, district heating, as well as fiber optics and telecommunications. UHL Bau was formed in 1966 and is headquartered in Wiener Neustadt, Austria.

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Investor(S) 1

Investor

FSN Capital

Oslo, Norway

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 4.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

FSN Capital is a private equity firm focused on opportunities in Scandinavia. FSN looks to make control investments in mid-sized companies valued from €50 to €500 million. FSN targets businesses with the potential to 'become international leaders'. FSN Capital was formed in 1999 and has offices in Oslo, Munich, and Stockholm.


DEAL STATS #
Overall 60 of 61
Sector: Engineering M&A 1 of 1
Type: Growth Capital M&A Deals 3 of 3
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-13 Solcellespesialisten

Rolvsoy, Norway

Solcellespesialisten is a supplier and installer of solar energy systems. Solcellespesialisten has delivered more than 4,000 solar systems, providing turnkey solutions within commercial, residential and utility segments. Solcellespesialisten was founded in 2005 and is based in Rolvsoy, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-02 Volue Infrastructure

Trondheim, Norway

Volue Infrastructure serves two verticals, water & communities and heavy construction, with a comprehensive software suite providing industry-leading solutions to over 1000 customers. Volue Infrastructure is headquartered in Trondheim, Norway.

Buy -