Clearwater International advises Livingbridge on investment in Hurleypalmerflatt

Clearwater Advisor

Press Release

Clearwater International has provided buy-side support to Livingbridge on its investment in hurleypalmerflatt (“HPF”), a multi-disciplinary engineering consultancy. Livingbridge has committed £14 million from Livingbridge 4 LP, to acquire a minority stake and provide funding for future acquisitions.

HPF, which has five offices in the UK and operations in India and Australia, provides mechanical and electrical (M&E), engineering design and energy and sustainability (E&S) consultancy.

Recognised as the market leader in mission critical engineering, HPF operates in environments where any downtime of IT systems could cause mission threatening consequences to the businesses concerned. These include complex office environments that are business critical, such as trading floors; data and operational control centres; and other specialist complex environments, including hospitals and pharmaceutical laboratories.

“We are delighted to have Livingbridge as an investor to support HPF whilst we continue our market leading position through the next phase of growth both in the UK and internationally, serving our clients global needs. Employing the best staff to work alongside our clients delivering complex projects remains our focus.”

Paul Flatt, Group Chairman, hurleypalmerflatt

“HPF provides business critical services that are vital to keeping some of our most important sectors up and running. Now with the funding from Livingbridge, I have no doubt that HPF will go on to achieve its ambitious growth strategy.”

Phil Burns, Partner, Clearwater International