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
Location
Scotland, United Kingdom
Transaction Type
Buyout

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