OCU Group acquires Andrews Associates
Posted on: Dec 07, 2022
Posted by: OCU Group
OCU Group Limited (“OCU”), is delighted to announce the acquisition of Andrews Associates today; the 7th of December 2022.
Surrey based Andrews Associates has a long and highly respected history of providing high quality power systems design and engineering services across the UK’s transmission, distribution, and renewable energy markets.
The acquisition expands OCU’s existing in-house Power systems design capabilities, supporting OCU’s growth strategy of continuing to expand into non-regulated energy and power markets to include Battery Energy Storage Solutions (BESS), Electric Vehicle (EV) Charging Networks and Private Wire Connections, all as part of our wider ambition to contribute to the UK’s energy transition. This initiative is being led by Vince Bowler, Managing Director of OCU’s Instalcom division, and our recently appointed Senior Operations Director for Power & Energy, Liam O’Sullivan, who brings to OCU a wealth of experience in HV network design and construction from his time at UK Power Networks, where he spearheaded major projects design and delivery, such as the Olympic Games network infrastructure programme.
Vince Bowler, Managing Director of Instalcom, commented;
“We are delighted to welcome Andrews Associates into the OCU family as we look to further grow the business in line with our Group strategy. This acquisition represents another significant step in our ambition to become a leader in the provision of Intelligent Engineering for the design, procurement, and construction of Power systems to reinforce and maintain the UK’s Critical Network Infrastructure. We look forward to working with the Andrews Associates management team to ensure a smooth transition and transfer of operations”
Richard Nosek, Managing Director of Andrews Associates, commented;
“Andrews Associates is pleased to become part of the OCU Group; it is the ideal acquiror, given it shares our vision of a flexible, professional and customer-focused service”
Michael Hughes, Chief Executive Officer of OCU Group, added;
“Today’s acquisition of Andrews Associates expands our business capabilities and further reinforces our presence in London and Southern England. The expertise and experience that Andrews Associates brings is a welcome addition to our portfolio and will prove highly complementary to our existing operations and long-term expansion plans in the Power sector”
About OCU:
OCU is an innovative service provider in the Utilities Industry; operating on a national scale. The Company delivers a wide range of customer-focused business solutions throughout the UK and Ireland, working with a large blue-chip client base in all utility areas including; Power, Energy, Telecoms, Water, Rail and Directional Drilling.
On the 4th of August 2022, OCU was acquired by Triton Partners, one of Europe’s leading investment firms. Triton was founded in 1997, with a belief in engaging with boards, managers, and employees to build better businesses, primarily in Northern Europe. The company focuses on developing medium-sized companies with the potential to create sustainable, long-term value. Triton operates from 12 offices across the world with their current portfolio of companies having combined annual revenues of over €18bn.
About Andrews Associates:
AA has been established for over 50 years and has built a strong reputation for providing a high-quality power systems design and engineering service across transmission, distribution, and renewable energy markets, particularly in the provision of underground cable, overhead line and substation design solutions up to and including 400kV, as well as complex Temporary Works Design.