H&MV Engineering valued at €1.4B in €750M secondary deal
What's the deal? H&MV EngineeringDealroom has a profile for this one. Try Dealroom → has signed a transaction to establish an approximately €750 million continuation vehicle led by existing investor Exponent. The deal brings Apollo S3, Pantheon and SQ CapitalDealroom has a profile for this one. Try Dealroom → in as investors and values the company at €1.4 billion.
Why now? The long-term capital will support H&MV's US expansion, international hiring, new engineering capabilities and strategic acquisitions. The company plans to open its North American headquarters in Dallas in September 2026; formal completion of the transaction is also expected in September 2026, subject to regulatory approval.
The numbers. H&MV expects FY26 revenue above €1 billion, supported by a €2 billion order book and a €16 billion pipeline. It is targeting €3 billion in annual revenue and a global workforce of 3,000 within five years.
The signal. H&MV provides high-voltage engineering and critical power infrastructure for data centres, battery storage and electricity networks, positioning the company in infrastructure markets linked to AI, electrification and the energy transition.
Read more: PR Newswire
Image credit: H&MV Engineering
