Avove Ltd
Location📍 Chorley
CategoryUtilities
SpecialisationUtilities Network Services
Organisation Type🔧 Supplier
Website🌐 avove.com
Company News
Ownership Change · 30 July 2026
Acquired by H.I.G. Capital
US private equity firm H.I.G. Capital has completed its acquisition of Avove from Rubicon Partners, with plans to grow the business through further bolt-on acquisitions. Avove's management team remains in place. Part of a wider wave of overseas/PE investment into UK water supply chain SMEs — six such deals in under six months.
FY2025 Results · April 2026
Revenue £227M, Margin 6.9% — Fourth Consecutive Year of Growth
Avove (formerly Amey Utilities) reported FY2025 revenue of £227m (up from £216m) and pre-tax profit up 29% to £17m — a 6.9% operating margin. Fourth straight year of growth as the business converts AMP8 framework positions into strong financial performance.
NCE Awards 2026
Double Award Win — Contractor of the Year & Best Place to Work
Avove won both Contractor of the Year and Best Place to Work – Contractor at the New Civil Engineer Awards 2026, cementing its reputation as one of the leading Tier 1 utilities contractors going into AMP8 delivery.