Workdry
Workdry International Limited is the UK’s leading provider of essential and emergency water handling infrastructure solutions operating since 1946.
The company delivers pump leasing, temporary water and wastewater pumping solutions, and modular water treatment and processing solutions to both water utility companies and customers in the infrastructure and construction sectors.
SEQI’s £50 million investment is part of a £170 million senior secured debt package to support Arcus Infrastructure Partners’ acquisition of 83% of Workdry. This is a four-year floating-rate loan with an expected yield-to maturity of approximately 9.5%