OCU Group Acquires Majority Stake in InICT

Triton Acquires OCU Group Limited

August 4, 2022

Industrial Services

Triton Fund V, advised by Triton, has completed the acquisition of OCU Group Limited, the holding company of O'Connor Utilities and Instalcom. Triton plans to support OCU's growth in core regulated utility services and pursue non‑regulated opportunities as the UK shifts toward renewable energy.

OCU Group (Instalcom) Acquires Opals

August 12, 2022

Telecommunications

Instalcom Limited, a division of Triton-backed OCU Group, has acquired Opals (UK) Limited and Opals Services Limited. The undisclosed deal brings Opals' specialist fibre and civil engineering capabilities and ~200 employees into OCU, strengthening the group's telecoms infrastructure offering across the East Midlands and East of England as part of a broader consolidation strategy.

OCU Group (Triton V) Acquires Northavon Group

April 24, 2023

Industrial Services

Triton V portfolio company OCU Group Limited has agreed to acquire the Northavon Group, a South England and South Wales water-sector mechanical, electrical and civil engineering contractor. The deal — an add-on to OCU's utilities platform and subject to regulatory clearance — strengthens OCU's water/wastewater capabilities and regional presence across the South West of England.

OCU Group Acquires RJ McLeod

June 12, 2024

Energy

Triton V portfolio company OCU Group Limited has acquired RJ McLeod (Contractors) Limited, a Scotland-based civil engineering and energy transition contractor. The deal expands OCU's renewable energy and grid/substation capabilities and increases the group's pro forma revenues to over £800 million.

O'Connor Utilities Group Acquires Hornbill Engineering Group

July 1, 2023

Energy

O'Connor Utilities Group (OCU), a Triton-backed utilities infrastructure platform, has acquired Hornbill Engineering Group Limited, a specialist high-voltage electrical engineering business focused on power infrastructure and energy transition projects. The deal brings Hornbill's technical capabilities and blue-chip client relationships into OCU's platform as an add-on to support growth in critical energy security and Net Zero initiatives; shareholders (including SME Investment Partners) appointed advisers to run the sale.

CVC Capital Partners Reinvests in Ontic, Brings in New Minority Investors

September 3, 2024

Aerospace & Defense

CVC Capital Partners has renewed its majority ownership of Ontic and introduced new minority investors in a fresh investment cycle to fund the company's next phase of growth. The capital will be used to expand customer support and dedicated repair capabilities, bolster supply‑chain and sustainment engineering, and develop enhanced data analytics to support OEMs and aircraft operators worldwide.