Investment Summary

iCON Infrastructure Invests In Utility Pipeline

On November 10, 2023, infrastructure investor iCON Infrastructure invested in oil/gas exploration company Utility Pipeline from BBHCP Private Equity

Investment Highlights
  • This is iCON Infrastructure’s 1st transaction in the Oil/Gas Exploration sector.
  • This is iCON Infrastructure’s 4th transaction in the United States.
  • This is iCON Infrastructure’s 1st transaction in Ohio.

Investment Summary

Date 2023-11-10
Target Utility Pipeline
Sector Oil/Gas Exploration
Investor(s) iCON Infrastructure
Sellers(s) BBHCP Private Equity
Deal Type Stake Purchase
Advisor(s) Lincoln International (Financial)
Katten Muchin Rosenman (Legal)

Target

Utility Pipeline

Canton, Ohio, United States
Utility Pipeline is a provider of natural gas distribution and related services to residential, commercial, industrial and government customers across rural and suburban areas of Ohio, Pennsylvania, Indiana, Virginia and West Virginia. Utility Pipeline was founded in 1995 and is based in Canton, Ohio.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

iCON Infrastructure

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 2004
PE ASSETS 8.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

iCON Infrastructure is an independent private equity firm focused on investing in infrastructure assets throughout Europe and North America. iCON targets mid-market opportunities covering transportation, utilities, communications, energy, and environmental. iCON Infrastructure was founded in 2004 and is based in London, England.


DEAL STATS #
Overall 30 of 32
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Stake Purchase M&A Deals 7 of 7
State: Ohio M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2023 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-05 Alliance Medical

Warwick, United Kingdom

Alliance Medical provides a range of diagnostic imaging services (including MRI, CT and PET) used in both private and publicly owned hospitals across Europe. Alliance Medical was founded in 1989 and is based in Warwick, United Kingdom.

Buy £910M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-21 Enoe Energie

Marseille, France

Enoe Energie is an independent producer of green and local energies, controlling the entire value chain (design, development, financing, construction, operation and maintenance). Enoe Energie was founded in 2010 and is based in Marseille, France.

Buy -

Seller(S) 1

SELLER

BBHCP Private Equity

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1997
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

BBHCP Private Equity is a provider of junior capital solutions for lower middle-market companies throughout the US. The Firm looks to invest $50 to $150 million in businesses valued between $20 and $750 million. BBH does not have any sector preferences and seeks to support a variety of transaction situations, including recapitalizations, growth capital financings, and acquisitions. BBHCP Private Equity is an affiliate of Brown Brothers Harriman and is headquartered in New York, New York.


DEAL STATS #
Overall 9 of 11
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 9 of 11
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-18 American Physician Partners

Brentwood, Tennessee, United States

American Physician Partners is a provider of outsourced emergency department (“ED”) and hospitalist clinical staff and administrative services to acute care hospitals in the Southeast, Southwest and Midwest. American Physician Partners was founded in 2015 and is based in Brentwood, Tennessee.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-28 Wolter

Brookfield, Wisconsin, United States

Wolter is an integrated industrial equipment distributor and productivity solutions provider. The company serves more than 20,000 industrial, construction, and commercial customers. Wolter was founded in 1962 and is based in Brookfield, Wisconsin.

Buy -