Averroes Capital Acquires Glacier Energy
January 10, 2024
Averroes Capital has completed a buyout of Glacier Energy and provided growth capital to support the company's next phase of expansion. Glacier Energy, a specialist provider of engineered solutions, fabrication, machining, welding and NDT services for energy markets, will use the investment to accelerate growth into low-carbon technologies and other energy market opportunities while existing institutional investors Maven Capital and Simmons Parallel Energy Fund exit.
- Buyers
- Averroes Capital
- Targets
- Glacier Energy
- Sellers
- Maven Capital, Simmons Parallel Energy Fund
- Industry
- Industrial Services
- Location
- Scotland, United Kingdom
- Transaction Type
- Buyout
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