Skip to main contentSkip to navigationSkip to search
Logotype
Readypower

Readypower

8 February 2022

Liberty advises the management team of Readypower Group on their acquisition by Angel Trains

Liberty is delighted to announce that Readypower Group, a specialist rail and infrastructure services provider, has been acquired by Angel Trains Ltd.

Readypower provides specialised on-track plant equipment as well as civil engineering, drainage, haulage and operating services to the UK rail sector. It plays a critical role in helping to modernise the UK’s rail network as electrification and upgrades continue throughout the country.

The deal cements Angel Trains’ commitment to investing in rail assets in the UK. Readypower will continue to run as an independent business, with its brand and management team remaining in place.

Readypower operates from six major hubs around the UK and is already supporting vital rail infrastructure improvement projects to help level up the country. These include the TransPennine route upgrades, Midland Mainline electrification and the Core Valley Lines transformation project in Wales.

Since a PE backed management buy out in 2017, Readypower Group have invested around £30m in the RRV fleet and made three acquisitions. The focus of the business is to provide an outstanding standard of customer service and reliability and conduct all of our operations in a safe and sustainable way.

We would like to thank Dan and Jun of Liberty for their great support during our recent transaction. Both Dan and Jun understood the marketplace, created the model, provided sage advice, and were readily available to support and respond to our needs throughout the process. Thank-you for your support.

Gerry Devanney
Chief Financial Officer

It’s been a pleasure working with Russ, Gerry and the rest of the management team at Readypower. This is a great opportunity for the team to continue to grow the business and deliver on their strategic objectives as part of a larger group.

Dan Martinez
Partner
+44 (0) 7398 212 298
dan.martinez@libertycf.co.uk