Mattioli Woods has completed the acquisition of private equity firm Maven Capital Partners in a deal worth up to £100 million.
Glacier Energy Services aims to cash in on a “significant ramp up” of North Sea repair and maintenance work.
Two Aberdeen FC fans are embarking on a journey to visit 18 Highland League grounds in just 18 hours to raise funds for their favourite football club.
Maven Capital Partners has injected £5.4million into an energy engineering firm that has successfully diversified from oil and gas to the off and onshore wind sector. GEV Group, which has an office in Aberdeen, will use the funds to support its “impressive growth plans”, Maven said. Maven said the investment means GEV is well positioned to capitalise on the projected growth in wind power, driven by global emissions and fossil fuel reduction targets.
Maven Capital Partners has sold its stake in an Aberdeen firm it backed in a £10million deal five years ago. A group of private investors has bought out Maven's stake in oil and gas control systems firm, EFC Group. The sum was undisclosed but Maven said it generated a 3.8x multiple return for its client funds on the deal.