Exponent has agreed to acquire a majority stake in H&MV Engineering (H&MV), a specialist in high voltage (HV) electrical engineering.

H&MV is headquartered in Co Limerick, Ireland, and serves blue-chip Data Centre, Renewables and Utility clients from its locations in Ireland, the UK, and across EMEA (including the Nordics, the Netherlands, Germany and South Africa). The company provides turnkey services for the design, installation and maintenance of high-voltage substations and grid connections, occupying a mission-critical role in its customers’ capital projects and value chains.

This is Exponent’s latest primary investment in industrial services following V. Group, Pattonair and Enva. It is also Exponent’s latest Irish investment, following Fintrax Group (now known as Planet), Racing Post and Enva.

Read more: Private Equity Wire