Smith Square Partners acted as sole financial adviser to Fulcrum in the acquisition of Dunamis

Founded in 2012, Dunamis is one of the UK’s leading independent electrical connections providers. The company currently has 48 employees and is headquartered in Bury St Edmunds. Dunamis operates across its four wholly-owned subsidiaries: Matrix Networks (Renewables) Limited, Matrix Networks (Eastern) Limited, Matrix Professional Services Limited and Maintech Power Services Limited.On 5 February 2018, Fulcrum Utility Services Limited (“Fulcrum”) announced that it had completed the acquisition of The Dunamis Group Limited (“Dunamis”), announced on 2 February 2018, for a consideration of £22 million. Smith Square acted as sole financial adviser to Fulcrum. This is Smith Square’s second transaction for Fulcrum.