Exponent Private Equity takes majority stake in KTL

By acquiring a majority stake in KTL, Exponent Private Equity secures an infrastructure platform generating annual revenues of €100m alongside an estimated adjusted EBITDA of €10–30M. Finalized in August 2026, the leveraged buyout provides institutional capital to fund the expansion of the telecommunications contractor. The corporate transaction officially transitions KTL from a founder-owned ownership model to a private equity-backed structure. Crucially, the incumbent executive management team, headed by Chief Executive Officer Alan Hanamy, retains day-to-day operational control and will continue steering the enterprise through its next growth cycle. The structural thesis driving Exponent Private Equity to deploy capital centers on capturing exponential surges in data consumption, the rapid integration of artificial intelligence, and the broader electrification of the European economy. Through this financial backing, KTL gains the necessary resources to actively scale its engineering capabilities, execute extensive recruitment drives, and expand its operational capacity to meet an unprecedented volume of grid upgrade contracts. The competitive transaction process required coordination among multiple international financial advisors. On the sell-side, the founders and management of KTL mandated Capnua Corporate Finance to act as the exclusive financial advisor for the divestiture. Conversely, Exponent Private Equity retained a dual advisory team consisting of IBI Corporate Finance and DC Advisory to structure the buy-side financial engineering and merger parameters. DC Advisory specifically deployed a cross-border deal team bridging its London and Dublin offices, led by Managing Directors Gary Hancock, Edward Godfrey, and David Lyons, alongside Vice President Philippe Trembovelski and Manager Sean Usher, who collectively orchestrated both the M&A execution and the acquisition debt financing package. Final completion of the equity transfer remains subject strictly to standard regulatory approvals from competent authorities within Ireland.

By taking control of KTL, Exponent Private Equity continues its expansion strategy. Previously, the group had completed 2 acquisitions, including H&MV Engineering in 2022.