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On 27 June 2024, private equity (PE) group CVC Capital Partners announced the acquisition of U.K.–based M Group Services from PAI Partners through its Fund IX for an undisclosed amount—likely well over £1 billion. The transaction is expected to be completed in the autumn.
In this Research Note:
- Deal closure signals long-term confidence in the U.K. water market
- M Group positions between larger EPC consultancies, localized specialists
- Key water segments driving M Group’s U.K. water growth forward will include capital infrastructure works and advanced digitalization