I Squared Capital €1 billion acquisition of Viridian

30/3/2016
Private acquisition

€ 1 billion

$ 1.068 billion

Announced

30/3/2016


Overview:

  • I Squared Capital has acquired Viridian Group Holdings from Arcapita Bank for approximately €1 billion.
  • Viridian is an Irish energy company supplying 20% of Ireland and Northern Ireland's energy. It has 480 employees and operates under two brands Energia and Power NI. The company has a combination of gas and wind assets.
  • I Squared Capital is a global infrastructure investment manager.

Sam Duke - Editor

Jurisdiction:

Ireland

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Energy


Firms:

Party: I Squared Capital (Acquirer)


Party: I Squared Capital (Acquirer)


Party: Viridian (Target)

Lawyer: Martin Forbes