Infrastructure Private Equity

Distributed infrastructure platforms with clear growth opportunities

Proven business model

Focused on the European market

Final investment size of €40 - 200m+

Through our Infrastructure Private Equity strategy we invest in mid-market companies that own and develop socially required and sustainable infrastructure for the 21st century. We focus on investing in infrastructure platforms that combine:
  • A cash-generative existing pool of assets; and
  • The opportunity and proven ability to develop new assets
The three fundamental characteristics we look for:
Infrastructure fundementals
  • Demand tied to an essential societal need
  • Cashflows from existing assets tied to underlying demand
Solution to growing need
  • Market need with macro tailwinds
  • Established business model, unit economics, and market
  • Sustainable and beneficial for society
Privileged position
  • Platform allows the addition of new assets at a alpha generating return
  • Leading market position
  • Realistic to double size

We focus on finding opportunities where we can partner with a management team, bringing a combination of deep infrastructure experience, proven ability to drive growth, and a true partnership mentality.  This focus allows us to help our partners deliver real value through the development of necessary infrastructure, building upon the existing assets.

21st century infrastructure needs added flexibility to improve lives and the environment.  Investments in infrastructure deliver value to society through the efficient use of resources and taking advantage of technological advances. As a result, these pools of distributed infrastructure assets are a critical addition to the conventional core infrastructure across a wide range of sectors, supporting a range of megatrends such as:

Circular economy
Efficient use of assets through reuse, sharing and recycling
Access to Healthcare and Education

Essential social services “in the community” closer to demand

Digitalisation
Increased productivity from digital, IoT and smart services
Energy transition

Enabling the decarbonisation of the economy

Our investments are sustainable, with core business models meeting a societal need of the long-term.

Why MML?

Our Infrastructure Private Equity strategy is a genuinely differentiated offering, bringing an infrastructure approach to the mid-market. Our focus on distributed infrastructure platforms means that our proven toolkit for helping management teams drive growth in an asset base is uniquely relevant for scaling infrastructure businesses. This allows us to help teams deploy new assets, creating significant value for:

  • Society, by building needed assets efficiently and flexibly;
  • Management teams, helping them achieve the visions they have for their companies; and
  • Our investors, where successfully growing businesses drives attractive returns

Our unique methodology

We look to create this value by applying private equity skills and methodology to the distributed infrastructure market:

Existing assets

  • Systematise growth
    • Build models to create recurring growth opportunities
  • Accretive acquisitions
  • Access to growth capital

Growth opportunity

  • Incentivise best-in-class management teams, recruiting to fill gaps
  • Operational improvements (processes, software, etc.)
  • Incorporate best-in-class ESG practices

By exit, we will have increased the scale and repositioned assets with data underpinning, creating investments that combine scaled infrastructure characteristics with a clear and sustained growth opportunity.

Our Infrastructure Private Equity portfolio companies

GPS

GPS

Premier Modular

Premier Modular

Waste Vision

Waste Vision

More of our portfolio alumni

Related news

MML Infrastructure Private Equity acquires Waste Vision
We are thrilled to announce the acquisition of Waste Vision, a pioneering leader in smart waste management solutions for municipalities. This acquisition is set to propel Waste Vision's ambitious growth plans, including rapid international expansion and the enhancement of its innovative, environmentally impactful solutions contributing to a sustainable future.
In the spotlight: MML Infrastructure Private Equity featured in Real Deals
In their latest feature, Real Deals spotlights MML Infrastructure's innovative approach to combining private equity growth with the lower risk of infrastructure investment. Co-Managing Partners Andrew Honan and Sharand Maharaj share insights into our unique strategies that are setting new standards in the industry.
MML Infrastructure Private Equity invests in Premier Modular
We are delighted to invest in Premier Modular, a leading provider of leasing and permanent modular solutions in the UK and Europe. Premier primarily serves the medium to long term needs for essential infrastructure, including education, healthcare and public infrastructure, as well as various commercial applications. The business combines its experience of delivering highly bespoke, permanent buildings with its large, premium modular fleet to offer flexible solutions that meet the needs of end users, such as students, teachers, patients, medical staff and other workers, in an effective manner.
MML invests in GPS, a global leader in the circular logistics market
Based in Bordeaux, France, Global Packaging Solutions (GPS) is a worldwide specialist in returnable packaging solutions, maintaining a network of reusable metal crates used to replace single-use wood and metal crates.

Meet the Infrastructure Private Equity team

John Barry

Independent Investment Committee Member (Infrastructure Private Equity)
Europe

James Brown

Investment Manager
Europe

Myriam Daeschler

Investment Associate
Europe

Helen Downie

Investment Director
Europe

Laura Goksch

Investment Associate
Europe

Andrew Honan

co-Managing Partner (Infrastructure Private Equity) and Chair of Sustainable Investing
Europe

Arttu Koivula

Investment Associate
Europe

Sharand Maharaj

co-Managing Partner (Infrastructure Private Equity)
Europe

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For investors in MML Fund VI, MML Ireland I & MML Ireland II

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