Deal Announcement

DC Advisory advised AMP Capital and Infracapital on the acquisition of Adven

21 Jan 2016

Adven is the leading industrial and commercial outsourced energy infrastructure and services provider in Finland, Sweden and Estonia. Adven holds long-term contracts to build, own and operate plants producing process steam, heat and cold at its clients’ production facilitie

DC Advisory (“DC”) was engaged by AMP Capital (“AMP”) and Infracapital to provide M&A and debt advice on the acquisition of Adven from EQT

DC has an in-depth understanding of the energy sector in the Nordics, having advised on the acquisition of Fortum Norway’s heating business in 2014

DC delivered a fully documented and binding proposal which allowed AMP and Infracapital to become the preferred bidder

The proposal included an attractive offer price for the asset supported by comprehensive analysis of the business, a fully underwritten financing package with low pricing at a competitive all-senior leverage multiple and significant undrawn facilities to assist further growth opportunities across the business

On 15 December 2015, EQT, AMP and Infracapital announced the sale of Adven to AMP Capital and Infracapital

Deal Team

Sergio Ronga

Managing Director
United Kingdom

Neale Marvin

Managing Director
United Kingdom