Derrick Services UK
A market leading provider of turnkey asset integrity services for upgrade, refurbishment and recertification of key oil and gas structures.
Founded in the UK in 2007. Now operating from locations worldwide.
Strong platform for future growth with significant number of product and market opportunities.
Majority investment from US Private Equity firm.
Full exit for founding shareholder.
De-risking for management team/shareholders.
Remaining shareholders staying involved in the business.
Significant development capital available to support the management team’s growth plans.
Acted as lead adviser, project managing and negotiating deal from start to a successful completion.
Achieved strong valuation with an attractive incentive structure on delivery of growth.
Full global due diligence support to management team.
JDC ran the deal to minimise management team distraction from running the business.
UK with Subsidiaries Worldwide
Oil & Gas
PE Investment / Disposal