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.