Eldridge, Brightstar, and Claure Group Spearhead Acquisition of Ausenco

Ausenco, a global engineering and consulting services provider, has announced that Eldridge, Brightstar Capital Partners, and Claure Group will acquire a majority stake in the company. This strategic move positions Ausenco for future growth and enables it to contribute further to the ongoing energy transition and global electrification efforts.

With a history dating back to 1991, Ausenco has established itself as a leader in delivering sustainable and innovative solutions for the minerals and metals industries. The company's highly skilled team of scientists, engineers, and professionals is committed to finding better ways to address complex engineering challenges and deliver value to clients and communities.

The acquisition by Eldridge, Brightstar, and Claure Group solidifies Ausenco's position as a key player in the global transition to electrification and sustainable solutions. The buyer consortium recognizes Ausenco's impressive track record and expertise in delivering critical minerals and metals needed for various industries, including the production of electric vehicles.

Todd Boehly, Tony Minella, and Duncan Bagshaw, co-founders of Eldridge, commend Ausenco's commitment to meeting the world's evolving needs for sustainable solutions. They express their excitement to partner with Ausenco's management team to enhance and diversify the company's service offerings further.

Brightstar Capital Partners also recognizes Ausenco's strategic positioning for future growth, given the expected increase in demand for essential minerals and metals. Andrew Weinberg, Founder and CEO of Brightstar Capital Partners, expresses confidence in Ausenco's ability to meet the rising demands of the energy transition and contribute to the global shift towards sustainability.

The acquisition signifies the emerging role of Latin America as a significant region for producing essential minerals like copper and lithium, which are crucial for sustainable energy solutions. Marcelo Claure, Founder and CEO of Claure Group, who has focused investments in Latin America and the energy transition, emphasizes Ausenco's strong presence and project pipeline in the region. Claure believes that Ausenco will play a pivotal role in the electrification of the world.

The advisory services for the transaction are being provided by Perella Weinberg Partners, highlighting the significant interest and support behind Ausenco's acquisition.

About Ausenco:

Ausenco is a globally recognized company that combines technical expertise with a track record of over 30 years in delivering consulting studies, project delivery, asset operations, and maintenance solutions to the minerals and metals and industrial sectors. With its headquarters in Brisbane, Australia, Ausenco operates across 26 offices in 15 countries, catering to clients worldwide. The company is committed to redefining what's possible and finding better ways to meet the world's engineering and consulting needs.

About Eldridge:

Eldridge is an investment firm that focuses on various sectors, including insurance, asset management, technology, mobility, sports and gaming, media and music, real estate, and consumer landscapes. With headquarters in Greenwich, Connecticut, Eldridge seeks to partner with proven management teams and leverage its industry experience to scale businesses and achieve sustained growth.

About Brightstar:

Brightstar Capital Partners is a middle-market private equity firm that specializes in investing in closely held family, founder, or entrepreneur-led businesses. The firm employs an operationally intensive approach, leveraging its extensive experience and network to drive significant value in the management, operations, and strategic direction of its portfolio companies.

About Claure Group:

Claure Group is a multi-billion-dollar global investment firm led by Marcelo Claure. With investments in tech, telecom, media, real estate, essential minerals, and sports, the firm plays an active role in high-growth sectors. Notable investments include T-Mobile, SHEIN, Bicycle Capital, and Brightstar Capital Partners.

In conclusion, the acquisition of Ausenco by Eldridge, Brightstar Capital Partners, and Claure Group represents a significant milestone for both Ausenco and the global transition to electrification and sustainable solutions. With their shared vision of delivering innovative and sustainable engineering and consulting services, the buyer consortium partners are poised to drive further growth and enhance Ausenco's service offerings in the minerals and metals industries.