GEV Group

The Business

Fast growing, diverse global energy services provider.

European market leader for field deployed rotor blade repair and maintenance.

Skilled engineering services provider to the deep water drilling industry based in Las Palmas, Canaries.

Founded in 2008 in Great Yarmouth, now headquartered in Hull UK.

The Deal

Minority equity investment of £5.4 million from Maven Capital Partners.

Full exit of two founding shareholders.

De-risking for the rest of the management/shareholder team.

Significant development capital to support ambitious growth plans.

Experienced industry chairman on board.

Incentives/sweet equity for new management.

Value Add

Acted as lead adviser, project managing and negotiating deal from start to a successful conclusion.

Ran a competitive process with strategically selected private equity houses.

Achieved strong valuation multiple and attractive equity structure.

Restructured to new UK group from separately owned entities.

Allowed management team to run business whilst JDC ran the deal.

Locations

Hull, UK with subsidiaries Worldwide

Sectors

Renewables and Oil & Gas

Deal

PE / VC Investment

GEV Group logo Maven Capital Partners

We engaged JDC due to their successful track record in our sector and the immediate confidence we felt in their ability to secure a deal.  Dave Howes and his team guided us through every step of the transaction, providing advice and acting as an effective filter during due diligence, allowing us to run our business in parallel.

David Fletcher GEV Group