O’Connor Utilities sold to private equity

North West utilities contractor OCU Group has been snapped up by private equity group Triton Partners in a deal rumoured to be worth nearly £400m.
Based in Stockport, OCU is the holding company for O’Connor Utilities and Instalcom which operate within regulated infrastructure markets, including electricity, rail, water, gas and telecoms.
Founded in 1994 by brothers Tim and Tom O’Connor, OCU has a workforce of over 3,000 staff and contractors across the country and delivered rev