US investor buys ‘strategic’ stake in M&E specialist
US-based private equity firm HIG Capital has taken a “strategic” stake in mechanical and electrical (M&E) contractor Phoenix ME. The value of the investment and the size of HIG’s stake were undisclosed, but a Phoenix ME spokesperson said that chief executive Lee Compton will remain… The post US investor buys ‘strategic’ stake in M&E specialist appeared first on Construction News.
AI brief
Pulse reads the full article- What happened
- Why it matters
- What to watch
Sign in to get the AI brief. Pulse explains what happened, why it matters, what to watch and who's exposed. Free for members.
Sign in to read the brief
