Ares and Searchlight commit £500m to RSK Group

Any quary

0 LIKE

Ares and Searchlight commit £500m to RSK Group

Private Equity Insights

UK environmental consulting and engineering service provider RSK Group is set to receive a £500m preferred equity investment from a consortium led by Searchlight Capital Partners and Ares Management.

The investment will contribute to the execution of RSK’s 2030 global strategy, which includes both organic growth initiatives and the continuation of its acquisition strategy, according to a company statement.

In addition, Ares has committed a £300m debt facility to support RSK’s expansion plans, bringing the total available debt facilities provided by Ares to £1.4bn.

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter

RSK is based in Cheshire and offers services to clients across water, energy, construction and infrastructure.

Searchlight Capital Partners is a global private investment firm managing over $14bn in AUM, with offices in London, New York, Miami and Toronto. Ares Management is a global alternative investment manager with approximately $428bn in AUM as of 31 March, offering primary and secondary investment solutions across credit, real estate, private equity and infrastructure asset classes.

Private equity firm ChrysCapital is set to invest $100 million in Indian eyewear brand…

Antares Capital has closed its third broadly syndicated loan collateralised loan obligation, Orion…

Charlesbank Capital Partners, a middle-market private investment firm, announced today that it has…

The full article is available here. This article was published at Private Equity Insights.

Comments are closed for this article!