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US investor buys ‘strategic’ stake in M&E specialist

Construction News UK August 11, 2026 · 10:41 am Read Original

Bullish 65.0

−100 Bearish 0 +100 Bullish

US-based private equity firm HIG Capital has taken a “strategic” stake in mechanical and electrical (M&E) contractor Phoenix ME. The value of the investment and the size of HIG’s stake were undisclosed, but a Phoenix ME spokesperson said that chief executive Lee Compton will remain…
The post US investor buys ‘strategic’ stake in M&E specialist appeared first on Construction News.

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Source Construction News UK

Published Aug 11, 2026 · 10:41 am

Article ID kfvvd3e

Original URL Open source

Bullish 65.0

−100Neutral+100

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