EQOS Energie was acquired by Triton Fund IV in February 2014
EQOS Energie is one of the leading specialty installation and service companies of critical infrastructure in the German-speaking region. The company focuses mainly on railway and energy technology, overhead lines, communication technology and technical building services. Triton signed the agreement to indirectly purchase ALPINE-ENERGIE Holding AG, now EQOS Energie, from Spanish construction and service group Foment de Construcciones y Contratas (FCC).
The seller and the Company itself were in a severe liquidity crisis when Triton acquired EQOS Energie. EQOS Energie had seen significant growth in the years before the sale. However, this growth had gone unaccompanied by a corresponding increase in system and process management, including project controlling and performance. Without this control and focus, several non-core activities suffered significant project losses, starting in 2012. Combined with the distress and insolvency situation of the former direct owner Alpine Group, an FCC subsidiary, this led to the sales process in 2013.
In all of EQOS Energie's applications and markets, the Company is among the top three market positions. EQOS Energie is headquartered in Luxembourg and operates across seven countries, with its main business in Germany, Austria, Luxembourg, France, Belgium, Poland and Czech Republic.
As Triton restructured the Company under our ownership, EQOS Energie gained the capital support it needed. This support led to the recapitalization of the balance sheet which is a prerequisite to support healthy operations. EQOS Energie is now starting to be profitable again.
Key events since Triton's investment
- Provided capital support to restructure the Company and recapitalize the balance sheet
- Focused the business on its core activities of communications and energy transmission infrastructure, and rail overhead lines
- Rebranded the company from ALPINE-ENERGIE to EQOS Energie in 2014
|25 Feb 2014||Triton completes acquisition of ALPINE-ENERGIE|
|13 Aug 2013||Triton new owner of ALPINE-ENERGIE|