Gateley Plc advised Braelaw Limited in the acquisition of GEV Group Limited, a fast growing and diversified organisation with a key focus on the renewable sector. Maven Capital Partners and its funds invested £5.4 million funding the acquisition and providing development capital for the business.
GEV Group has grown significantly in recent years, employing 145 staff and its turnover now exceeds £10 million. They are well positioned to capitalise on the projected growth in wind power, driven by global emissions and fossil fuel reduction targets. The transaction will provide the business with the additional development capital it needs to support its impressive growth plans.
The deal was led from our Birmingham office by Simon Gill, Corporate partner and Mark Canning, Corporate associate. Niall McCooey, Corporate solicitor and Anna MacDonald, Corporate trainee solicitor, also assisted on the deal.
For more information about our Corporate services please contact: Simon Gill, Mark Canning, Niall McCooey or Anna MacDonald.