£1.3bn private equity takeover at energy tech firm SMS
Energy tech firm Smart Metering Systems plc is set for a £1.3 billion private equity takeover. The company’s board agreed the deal with Sienna Bidco, a shell company wholly-owned by funds advised by US-headquartered Kohlberg Kravis Roberts & Co – better known as KKR. SMS was founded in Glasgow in 1995 and floated on the … Continue reading £1.3bn private equity takeover at energy tech firm SMS
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