{"id":1340,"date":"2008-05-08T09:05:49","date_gmt":"2008-05-08T09:05:49","guid":{"rendered":"http:\/\/jamiesoncf.wpengine.com\/?post_type=deals&#038;p=1340"},"modified":"2022-06-24T14:13:11","modified_gmt":"2022-06-24T14:13:11","slug":"morrison-utility-services","status":"publish","type":"deals","link":"https:\/\/jamiesoncf.com\/nl\/deals\/morrison-utility-services\/","title":{"rendered":"Morrison Utility Services"},"content":{"rendered":"<p>Jamieson has advised the incumbent management team of Morrison Utility Services on their \u00a3135m Management Buyout backed by Cognetas and Englefield Capital.<\/p>\n<p>Morrison is one of the\u00a0UK\u2019s leading providers of utility infrastructure services to the water, telecommunications, electricity and gas sectors, employing more than 3,000 people.<\/p>\n<p>The current management team have overseen a period of rapid growth, with the business reporting turnover of approximately \u00a3500m for the year ended March 2008. This growth has been underpinned by an industry-leading record on safety leading to high levels of client retention.<\/p>\n<p>Following the decision by Anglian Water Group Ltd, Morrison\u2019s former parent, to divest the business in late 2007, Jamieson worked with the management team to structure their participation in a private equity-backed acquisition.<\/p>\n<blockquote><p>\u201cCharles Morrison and the experienced senior management team have an impressive track record in a utility contracting sector that continues to exhibit attractive growth prospects. We are delighted to have helped the team structure a deal with financing partners who will enable the business to capitalise upon these opportunities.\u201d<\/p>\n<p><em><span style=\"text-align: left; color: #02283f; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'roboto'; font-size: 16px; font-variant: normal; font-weight: 400; text-decoration: none; word-spacing: 0px; display: inline !important; white-space: normal; cursor: text; orphans: 2; float: none; -webkit-text-stroke-width: 0px; background-color: transparent;\">Matt Robertson, Jamieson<\/span><\/em><\/p><\/blockquote>\n","protected":false},"featured_media":1341,"template":"","deal-size":[4],"deal-location":[15],"deal-sector":[12],"deal-service":[94],"class_list":["post-1340","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Morrison Utility Services &#8211; Jamieson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jamiesoncf.com\/deals\/morrison-utility-services\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morrison Utility Services &#8211; Jamieson\" \/>\n<meta property=\"og:description\" content=\"Jamieson has advised the incumbent management team of Morrison Utility Services on their \u00a3135m Management Buyout backed by Cognetas and Englefield Capital. 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