Acquirer: BRUSH Group
BRUSH Group, an energy engineering firm headquartered in Loughborough, has announced the acquisition of iDESo, the parent company behind switchgear specialists Allenwest and Baldwin & Francis, from Longacre Group. This transaction is described as a 'double deal' aimed at expanding BRUSH’s capabilities and market reach in power engineering.Summary of transaction details:Value: Not disclosedSector: Industrials & Energy (specialising in electrical equipment and power engineering solutions)Advisor: Not mentionedKey Entities: Target: iDESo (parent of Allenwest and Baldwin & Francis); Acquirer: BRUSH Group; Seller: Longacre GroupLocation: Target companies (Allenwest in Prestwick, Scotland; Baldwin & Francis in Sheffield, UK); Acquirer (Loughborough, UK)Note: This acquisition significantly enhances BRUSH Group’s switchgear offering and aftermarket service capacity, supporting its strategic objective to build a nationwide service platform. The integration is expected to broaden technical capabilities, open doors to new regulated and high-growth markets, and strengthen BRUSH's position in delivering end-to-end power engineering solutions across critical sectors including energy, water, transport, and manufacturing.
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