Bridgeport Capital acquires Australia’s Underground Cable System
Bridgeport Capital, the direct investment arm of Hawkesbridge Capital, has acquired Australia’s Underground Cable Systems (UCS) in a deal worth approximately A$100 million ($73 million) alongside company management.
Established in 1995, UCS' businesses include the design, installation and cable jointing of underground electricity distribution networks in Australia. "We were attracted to UCS because of its dominant...
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