Announced
Financials
Tags
Private Equity
Renewable Energy Equipment
Private
wind turbines
United Kingdom
Pending
Acquisition
Natural
Single Bidder
Synopsis
Bridges Fund Management, a fund manager has acquired GEV Wind Power, one of the world’s leading wind turbine repair and maintenance providers, from Maven Capital Partners, a private equity firm. Financial terms were not disclosed. “Over the last few years, GEV has established itself as a global market leader in wind turbine blade repair and maintenance. We are now excited to be partnering with Bridges as we embark on our next growth phase. It was very clear when we met the Bridges team that we had very similar values and a very similar vision for what GEV could achieve. We look forward to working with Bridges to scale the business and optimise our impact.” David Fletcher, GEV CEO.
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