Investment Summary

SCF Partners Invests In Tekmar Group

On April 20, 2023, private equity firm SCF Partners invested in engineering company Tekmar Group

Investment Highlights
  • This is SCF Partners’ 2nd transaction in the Engineering sector.
  • This is SCF Partners’ 10th transaction in the United Kingdom.

Investment Summary

Date 2023-04-20
Target Tekmar Group
Sector Engineering
Investor(s) SCF Partners
Deal Type PIPE

Target

Tekmar Group

Darlington, United Kingdom
Tekmar Group provides a range of engineering services and technologies to support and protect offshore wind farms, other offshore energy assets and marine infrastructure. Tekmar optimizes and de-risks projects, solves customer’s engineering challenges, improves safety and lowers project costs. The company's capabilities include geotechnical design and analysis, simulation and engineering analysis, bespoke equipment design and build, subsea protection technology and subsea stability technology. It has an extensive global reach with offices, manufacturing facilities, strategic supply partnerships, and representation in 18 locations across Europe, Africa, the Middle East, Asia Pacific, and North America. Tekmar Group was founded in 1985 and is based in Darlington, United Kingdom.

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Investor(S) 1

Investor

SCF Partners

Houston, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

SCF Partners Ltd. is a specialist private equity firm that targets investments in energy service and equipment companies with operations around the world. SCF provides both equity capital and strategic guidance over the life of the investment which typically lasts five years. The Firm's target investment size is $10 to $100 million. SCF looks to grow portfolio companies through internal growth initiatives and through acquisitions. SCF Partners was formed in 1989 and is based in Houston, Texas, with additional offices in Aberdeen, Scotland and Calgary, Alberta.


DEAL STATS #
Overall 48 of 57
Sector (Engineering) 2 of 2
Type (PIPE) 2 of 2
Country (United Kingdom) 10 of 10
Year (2023) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-15 Global E&C

Aberdeen, United Kingdom

Global E&C is a differentiated engineering, modification, maintenance, and commissioning business primarily focused on servicing the offshore energy sector. Global E&C was founded in 2019 and is based in Aberdeen, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-02 Variperm Energy Services

Calgary, Alberta, Canada

Variperm Energy Services is a sand control products and services company specializing in custom filtration screens, flow control technology, gravel pack services, supply of quality cased hole fishing tools and services, well abandonment solutions, and a full suite of completion and work-over tools. Variperm Energy Services was founded in 1969 and is based in Calgary, Alberta.

Sell $150M