M&A Deal Summary

Renew Acquires Clarke Telecom

On April 29, 2014, Renew acquired engineering company Clarke Telecom for 17M GBP

Acquisition Highlights
  • This is Renew’s 4th transaction in the Engineering sector.
  • This is Renew’s 2nd largest (disclosed) transaction.
  • This is Renew’s 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2014-04-29
Target Clarke Telecom
Sector Engineering
Buyer(s) Renew
Deal Type Add-on Acquisition
Deal Value 17M GBP

Target

Clarke Telecom

Oldham, United Kingdom
Clarke Telecom Ltd. is an engineering services business focused in the wireless telecoms infrastructure market. Clarke operates nationally with its head office in Oldham and was founded in 2000. The business focuses on providing quality engineering services encompassing all aspects of wireless telecoms infrastructure delivery including site acquisition and design, construction, installation and site optimisation.

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Buyer(S) 1

Buyer

Renew

Leeds, United Kingdom

Category Company
Founded 1786
Sector Construction
Employees4,429
Revenue 1.0B GBP (2024)
DESCRIPTION

Renew is a provider of multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors. Renew was founded in 1786 and is based in Leeds, England.


DEAL STATS #
Overall 4 of 8
Sector: Engineering M&A 4 of 6
Type: Add-on Acquisition M&A Deals 4 of 8
Country: United Kingdom M&A 4 of 8
Year: 2014 M&A 1 of 2
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-12 Lewis Civil Engineering

United Kingdom

Lewis Civil Engineering Ltd. specialises in the construction and maintenance of infrastructure and assets within the water industry. It is a well respected brand in its region and market with clients including Wessex Water and Dwr Cymru Welsh Water. It provides its services through framework agreements and employs approximately 175 highly skilled personnel.

Buy £8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-04 Forefront Group

Leigh on Sea, United Kingdom

Forefront Group Ltd. is an engineering services business focused in the gas infrastructure market. Forefront operates in the South East of England with its head office in Leigh-on-Sea and was founded in 1995. The business focuses on the replacement of gas mains and other critical services for National Grid and Southern Gas Networks in London and the South East. Forefront provides its services through framework agreements and employs approximately 350 skilled personnel.

Buy £15M