KKR, Ontario Teachers' and PSP Investments Acquire Spark Infrastructure
December 22, 2021
A consortium of KKR, Ontario Teachers' Pension Plan Board and PSP Investments completed an all-cash acquisition of Spark Infrastructure for approximately A$5.2 billion. The deal, which received all regulatory approvals, gives the investors ownership of Spark's stakes in SA Power Networks, Victoria Power Networks (Citipower and Powercor), a stake in TransGrid and the Bomen Solar Farm as they seek to support Australia’s transition to low-carbon electricity infrastructure.
- Buyers
- KKR, Ontario Teachers' Pension Plan Board, Public Sector Pension Investment Board (PSP Investments)
- Targets
- Spark Infrastructure
- Industry
- Utilities
- Location
- New South Wales, Australia
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
KKR Expands Investment in Lighthouse Learning; PSP Investments Joins
November 27, 2025
Education
KKR has increased its investment in Lighthouse Learning Group, with additional participation from PSP Investments, as Lighthouse prepares for a new phase of platform expansion across major Indian metropolitan regions. KKR will remain the majority stakeholder while the fresh capital will support expansion of preschools and K‑12 schools, enhance teaching capabilities, technology initiatives, and operational systems.
-
American Pacific Group Acquires Spark Power Group Inc.
December 6, 2023
Industrial Services
American Pacific Group (APG) has completed the previously announced going-private acquisition of Spark Power Group Inc., a Oakville, Ontario-based provider of electrical power and maintenance services across North America. APG will partner with Spark Power's management to scale the business and expand its capabilities serving industrial, utility and renewable energy end-markets; the seller included Red Jar Capital Corp. and other selling shareholders.
-
EQT and PSP Investments Acquire Radius Global Infrastructure
September 21, 2023
Infrastructure
EQT Active Core Infrastructure and the Public Sector Pension Investment Board (PSP) completed the approximately $3.0 billion acquisition of Radius Global Infrastructure, taking the company private at $15.00 per share. The buyers intend to support Radius' geographic expansion and portfolio growth of its real-property-backed digital infrastructure assets across multiple countries.
-
Investcorp and PSP Investments Recapitalize CrossCountry Consulting
December 6, 2022
Consulting
Investcorp, together with Public Sector Pension Investment Board (PSP Investments), acquired a majority stake in CrossCountry Consulting in a recapitalization transaction; RLH Equity Partners reinvested and CrossCountry founders remain significant shareholders. The capital injection is intended to accelerate CrossCountry's geographic expansion, broaden service offerings (including technology-enabled advisory and cybersecurity), and support add-on acquisitions.
-
Macquarie Asset Management and Ontario Teachers Acquire 31.6% Stake in Puget Holdings
February 22, 2022
Infrastructure
Macquarie Asset Management (via the Macquarie Global Infrastructure Fund) and Ontario Teachers' Pension Plan Board agreed to jointly acquire a 31.6% stake in Puget Holdings from CPP Investments. The transaction closed after regulatory approvals, with Macquarie and Ontario Teachers each holding 15.8% after completion.
-
Ontario Teachers' Pension Plan Board Acquires Evoltz from TPG
May 10, 2021
Energy
Ontario Teachers' Pension Plan Board agreed to acquire 100% of Evoltz Participações S.A., a Brazil-based electricity transmission platform, from TPG. The deal gives Ontario Teachers' ownership of Evoltz's transmission network spanning thousands of kilometers across multiple Brazilian states and is expected to close subject to customary conditions and regulatory approvals.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.