Triton-backed Eqos acquires Bilfinger FRB
Triton Partners portfolio company Eqos Energie has acquired civil engineering and fitting services provider Bilfinger FRB.
Eqos has wholly acquired both units of Bilfinger FRB in Germany and Luxembourg. The company is currently part of Bilfinger, an engineering firm with €4.15bn in revenues and 36,000 employees.
Eqos is a Triton Fund IV portfolio company. The fund closed on €3.3bn in 2013 and was 96% deployed in June 2018.
Eqos acquired the company for its complementary customer base and skills in the areas of calculations and project management. After the transaction is completed, Bilfinger will operate under the name Eqos Energie Freileitungsbau.
Company
Bilfinger employs approximately 180 employees and specialises in overhead line construction. The German unit of Bilfinger FRB is based in Dinslaken. The company operates six locations and was founded in 1997.
People
Eqos Energie – Eric Mendel (CEO).
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