OCU Group (Instalcom) Acquires Opals

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 Acquires Majority Stake in InICT

September 30, 2022

Telecommunications

OCU Group Limited (an operator in the utilities and telecoms sector and a Triton Fund V portfolio company) has acquired a majority shareholding in Leeds-based fibre-optic specialist InICT. The deal strengthens OCU's fibre-optic installation capabilities and expands its telecoms presence across the north of England as part of the group's regional growth 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 Insiris

October 2, 2023

Software

OCU Group has acquired Insiris, a UK-based workforce management and automation software provider, to integrate Insiris’ scheduling, analytics and automation capabilities into OCU’s utilities and energy service offerings. The deal strengthens OCU’s ability to deliver safer, data-driven workforce management solutions across its client base in Power, Telecoms, Water, Rail and Transport.

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.

Onecom Acquires Olive Communications

February 11, 2021

Telecommunications

Onecom, backed by LDC, has acquired rival Olive Communications to create the UK's largest B2B mobile, fixed-line and cloud communications specialist. The deal consolidates market share, brings combined annual turnover of more than £140m and follows follow-on funding from LDC while growth investor BGF exits its stake in Olive.