DC Advisory advises OMERS Private Equity on the sale of Network Plus to Warburg Pincus

Background

  • Network Plus – a portfolio company of OMERS Private Equity – is one of the UK’s leading utility and infrastructure service providers
  • Founded in 2000 and headquartered in Worsley, Greater Manchester, Network Plus delivers essential maintenance, enhancement and operational services across water, wastewater, power, gas, and broader infrastructure sectors
  • Since OMERS' investment, Network Plus has grown and built on its track record of safe, reliable delivery

Process

  • DC Advisory acted as exclusive financial adviser to the shareholders of Network Plus on the sale of the business to Warburg Pincus
  • The DC Advisory team led a tailored competitive process, providing strategic advice, valuation support, process management and close support in negotiation and transaction documentation
  • DC Advisory also co-ordinated a lender education process, providing financial investors with a range of attractive financing packages

Outcome

  • In June 2026, Warburg Pincus entered into an agreement to acquire Network Plus
  • Closing of the transaction is subject to regulatory approval
  • The investment aims to accelerate Network Plus’s growth and delivery for its clients, strengthening its role in maintaining and improving the UK’s critical infrastructure
  • The transaction continues DC Advisory’s strong track record advising sponsor-backed businesses across the UK Infrastructure services and energy transition sectors

“DC Advisory provided valuable support throughout the process, combining strong execution with a comprehensive understanding of the business. We’re pleased to be partnering with Warburg Pincus and look forward to the next phase of growth for Network Plus.”

Kevin Fowlie, Chief Executive Officer, Network Plus

“It was a pleasure working with the DC Advisory team on the sale of Network Plus. They were true partners throughout the transaction, combining thoughtful advice with exceptional professionalism and dedication from start to finish. Everyone at OMERS and the Network Plus team is delighted with the outcome.”

Madeleine Cavadias, Director, OMERS Private Equity

“We are delighted to have advised Network Plus on the sale to Warburg Pincus. This investment positions the business well for its next phase of growth under new ownership. The transaction builds on DC Advisory’s strong recent track record in infrastructure services.”

Robert Jones, Managing Director, DC Advisory

“This transaction adds to the powerful private equity sell-side credentials of our Industrials practice in the upper mid-market. We took great pride in meticulous preparation and engagement with potential purchasers to deliver a solution that is attractive to both management and OMERS.”

Gary Hancock, Managing Director, DC Advisory
Date
Sectors
  • Industrials
Deal type
  • M&A Advisory
Deal locations
United Kingdom
United States
Deal team
Managing Director
Managing Director
Managing Director
Managing Director
Managing Director
Director
Vice President
UN SDG Activity
  • GOAL 9: Industry, Innovation and Infrastructure

Disclaimer

For more information, please see our transaction disclaimer

For important information regarding testimonials, please see our disclaimer.

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