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New Deal


Announced

Completed

SCF Partners completed the investment in Tekmar Group.

Synopsis

SCF Partners, an equity capital provider, completed the investment in Tekmar Group, a technology and services provider. Financial terms were not disclosed. “We are delighted to have successfully completed the strategic investment with SCF, which is a very significant and positive landmark for the business. SCF are a highly complementary partner for Tekmar and share our ambition to build a leading offshore energy product and services company, leveraging Tekmar’s existing market-leading and trusted position in the industry. SCF are a highly regarded energy services investor with a long track record of building leading energy services businesses globally and generating significant shareholder value. SCF has diligently assessed the strength of Tekmar’s existing business and sees the significant opportunity we have to grow with our customers in our core markets," Alasdair MacDonald, Tekmar CEO.

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