HMV Engineering Secures 750 Million Investment Valued at 1.4 Billion

HMV Engineering, a Limerick-based high-voltage engineering firm, has secured a 750 million investment that values the company at 1.4 billion, providing capital to accelerate its global expansion, particularly in the United States. The transaction, announced on August 11, 2026, involves a continuation fund led by existing investor Exponent, with new investors Apollo S3, Pantheon, and SQ Capital joining the deal.

The funding is structured as a continuation vehicle, a mechanism that allows Exponent to extend its investment in HMV beyond the term of its original fund while bringing in new partners. The company stated the investment will support its five-year growth ambition, which includes opening a North American headquarters in Dallas later this year, making strategic acquisitions, and investing in engineering capabilities and recruitment across its international operations.

HMV Engineering designs, builds, and energizes high-voltage infrastructure for data centers, battery energy storage systems, and electricity networks. The company has experienced rapid growth, increasing its revenue from 61 million in 2020 to an expected 1 billion for the 2026 financial year. Its workforce has...