Triton completes sale of EQOS
Frankfurt (Germany) – 29 October 2024 - Funds advised by Triton (“Triton”) have successfully completed the sale of EQOS (“EQOS” or the “company”), a leading specialty installation and service company of critical infrastructure in Europe to Eiffage Énergie Systèmes (“Eiffage"). Terms and conditions of the transaction are not disclosed.
Under Triton’s ownership, EQOS was transformed into a leading infrastructure service provider with sales of ca. EUR 459 million and ca. 1,700 employees. Today, the company provides turnkey solutions covering the entire service range from consulting, planning, installation to maintenance in the areas of power grid, energy, mobile communication, and railway.
Triton supported EQOS’ recapitalization of the balance sheet to provide a platform for future growth. Together with EQOS, Triton made a series of improvements to its strategy, leadership and culture, finances, and operations. This included the implementation of an operational improvement program and a full revamp of the leadership team that instilled a performance culture and re-focused the business on its core activities. Non-core entities were disposed, and strategic M&A was used to complement the company’s service portfolio.
About EQOS
As a quality leader with the most sought-after team in our industry, we aim to ensure the expansion and modernisation of infrastructure in energy, telecommunications, and railway traffic for our customers. As a result, we contribute to the goal of climate neutrality and sustainable prosperity of a modern society. Every day, about 1,700 EQOS employees in 40 locations and across five countries work actively to help achieve this goal. Their expertise covers the entire value chain – from engineering and fitting to maintenance.
For further information: www.eqos-gruppe.com/en.
The latest news on EQOS: https://eqos-gruppe.com/en/press-release/
EQOS. Ready for the future.
About Triton
Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton has over 200 investment professionals across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.
For further information: www.triton-partners.com