M&A Deal Summary

Global Infrastructure Partners Acquires Arcadis - Hong Kong Design and Engineering Business

On October 11, 2022, infrastructure investor Global Infrastructure Partners acquired business services company Arcadis - Hong Kong Design and Engineering Business from Arcadis

Acquisition Highlights
  • This is Global Infrastructure Partners’ 1st transaction in the Business Services sector.
  • This is Global Infrastructure Partners’ 1st transaction in China.

M&A Deal Summary

Date 2022-10-11
Target Arcadis - Hong Kong Design and Engineering Business
Sector Business Services
Buyer(s) Global Infrastructure Partners
Sellers(s) Arcadis
Deal Type Divestiture

Target

Arcadis - Hong Kong Design and Engineering Business

Hong Kong, China
Arcadis's Hong Kong Design and Engineering (HK D&E) Business provides project/construction/cost management and design & consulting services based in Hong Kong.

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Buyer(S) 1

Buyer

Global Infrastructure Partners

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 2007
PE ASSETS 115.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Global Infrastructure Partners (GIP) is a global investment firm that invests in infrastructure assets worldwide. GIP looks to work in partnership with the public sector and other stakeholders to improve infrastructure for the community by drawing on its global capability and applying industrial best practices to enhance operating efficiencies. The Firm focuses on larger scale investments in assets that provide essential services, have high barriers to entry and offer significant governance positions. GIP primarily targets opportunities in OECD countries, while maintaining a global perspective and the flexibility to pursue assets with the potential for attractive risk-adjusted returns in selected non-OECD countries. Global Infrastructure Partners was established in 2007 and is headquartered in New York, New York.


DEAL STATS #
Overall 17 of 18
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 2
Country (China) 1 of 1
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 Atlas Renewable Energy

Miami, Florida, United States

Atlas Renewable Energy is an operating renewable energy company that develops, builds and operates solar and wind projects with robust returns across Latin America. Atlas Renewable Energy was founded in 2017 and is based in Miami, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-06 Allete

Duluth, Minnesota, United States

Allete is an energy company operating Minnesota Power, an electric utility that serves 150,000 residents, 14 municipalities, and industrial customers. In addition to Minnesota Power, the company owns Superior Water, Light and Power, based in Superior, Wisconsin, Allete Clean Energy, based in Duluth; BNI Energy in Bismarck, N.D.; and New Energy Equity. ALLETE was founded in 1906 and is based in Duluth, Minnesota.

Buy $6.2B

Seller(S) 1

SELLER

Arcadis

Amsterdam, Netherlands

Category Company
Founded 1888
Sector Business Services
Employees32,324
Revenue 5.0B EUR (2023)
DESCRIPTION

Arcadis is a natural and built asset design and consultancy firm working in partnership with clients to deliver exceptional and sustainable outcomes through the application of design, consultancy, engineering, project and management services. Arcadis was incorporated in 1888 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-05 DPS Group

Dublin 24, Ireland

DPS Group is a global engineering, consulting, and project management company, serving high-tech industries around the world. DPS Group is based in Dublin 24, Ireland.

Buy €232M