Linklaters has advised the lenders on the financing for PAI’s acquisition of a majority stake Infra Group, a multi-disciplinary network services provider in a wide range of utility infrastructure segments in Belgium, France, the Netherlands and Germany.
Upon completion, PAI will become the largest shareholder in Infra Group, joining current investors ICG, Andera Partners and the management team led by Tom Vendelmans. PAI’s investment will support Infra Group and its management team as they continue to deliver the group’s growth strategy. In particular, PAI will draw on its expertise in infrastructure and technical services to further strengthen the company’s position and accelerate its expansion organically and through further complementary acquisitions.
The Linklaters team was led by leveraged finance partners Pathik Gandhi and Andrew Jennens alongside managing associates Tarini Wettimuny and Imogen Bailey and associates Luke Dee and Ester Ng.