Investment Summary

Nevis Capital Exits DTGen

On November 16, 2023, Flogas UK invested in energy services and equipment company DTGen from Nevis Capital

Investment Highlights
  • This is Flogas UK’s 1st transaction in the Energy Services and Equipment sector.
  • This is Flogas UK’s 2nd transaction in the United Kingdom.

Investment Summary

Date 2023-11-16
Target DTGen
Sector Energy Services and Equipment
Investor(s) Flogas UK
Sellers(s) Nevis Capital
Deal Type Add-on Acquisition

Target

DTGen

Glasgow, United Kingdom
DTGen is an independent specialist diesel generator company. The business sells, installs, commissions and maintains diesel generators which are primarily used to provide back-up power. DTGen was founded in 1989 and is based in Glasgow, United Kingdom.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Flogas UK

Leicester, United Kingdom

Category Company
Founded 1970
Sector Utilities
DESCRIPTION

Flogas are one of the Liquid Petroleum Gas (LPG Gas), Propane and Butane supplier to house holders and industrial businesses across the UK.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-31 Medical Gas Solutions

Flint, United Kingdom

Medical Gas Solutions Ltd (MGS) was established in 2003 with a clear vision to provide Medical Gases and Medical Devices to the Healthcare Industry.

Buy -

Seller(S) 1

SELLER

Nevis Capital

Glasgow, United Kingdom

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Nevis Capital LLP is a generalist private equity firm focused on acquiring businesses throughout the UK. The Firms looks to invest £10m per transaction and generally targets growth companies with strong management in place. Specific areas of interest include manufacturing, energy, engineering and industrial services. Types of transactions include MBOs, MBIs and growth capital financing. Nevis Capital LLP was formerly known as Lomond Capital LLP. The FIrm was formed in 2007 and is based in Milngavie, Scotland.


DEAL STATS #
Overall 4 of 4
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: United Kingdom M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-22 Pump Action

Edinburgh, United Kingdom

Pump Action specialises in the sale, service and installation of pumps and associated products. Pump Action working with several manufacturers such as Calpeda, TT Pumps, Lowara, ESBE, Biral, Grundfos and Wilo, they have completed large projects for the likes of Edinburgh Royal Infirmary, Heathrow Airport and The Scottish National Museum. Pump Action was founded in 1994 and is based in Edinburgh, United Kingdom.

Buy -