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Avocet Bidco to acquire Eleco PLC in cash deal

PRIVATEOct 08, 2026

Acquiring Company

Avocet Bidco Limited

Acquired Company

Eleco

Madhya PradeshGreater LondonConstructionBuilding MaintenanceCivil Engineering

Description

Avocet Bidco Limited has announced a recommended all-cash acquisition of Eleco PLC. This acquisition will be implemented by a scheme of arrangement under the Companies Act 2006. A significant portion of shares has been secured for the acquisition as part of the process.

Company Information

Company

Avocet Bidco Limited

Location

Madhya Pradesh, India

About

Avocet Bidco Limited is a newly formed company that will be indirectly wholly-owned by funds managed and/or advised by Accel-KKR and its affiliates. It is involved in the acquisition of Eleco PLC. The company is formed specifically for the purpose of this acquisition.

Fundz sees it the moment Avocet Bidco Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Eleco?

Eleco was acquired by Avocet Bidco Limited, based in Madhya Pradesh. The deal was reported on October 8, 2026. Avocet Bidco Limited is a newly formed company that will be indirectly wholly-owned by funds managed and/or advised by Accel-KKR and its affiliates. It is involved in the acquisition of Eleco PLC. Avocet Bidco Limited is privately held.

When did Avocet Bidco Limited acquire Eleco?

Avocet Bidco Limited's acquisition of Eleco was reported on October 8, 2026. Avocet Bidco Limited has announced a recommended all-cash acquisition of Eleco PLC. This acquisition will be implemented by a scheme of arrangement under the Companies Act 2006. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Eleco do?

Eleco is a software and services provider for the construction and building sectors, specializing in project management and construction detailing. It is privately held, operating in Construction, and is based in Greater London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.