Certek Acquires GEV Wind Power

Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)

October 17, 2023

Aerospace & Defense

Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.

SCF Partners Acquires Global E&C from Global Energy Group

February 15, 2023

Energy

SCF Partners has announced an acquisition investment in Global E&C (GEC), a digitally enabled engineering, maintenance and commissioning contractor headquartered in Aberdeen, from parent Global Energy Group. The investment will support GEC's growth, accelerate its digital and decarbonization capabilities, and position the business to expand its offshore and onshore energy services.

Bridges-backed GEV Wind Power Acquires Denmark's Wind Power LAB

April 15, 2021

Renewable Energy

GEV Wind Power, backed by Bridges Sustainable Growth Funds, has merged with Danish Wind Power LAB to create a combined global provider of blade inspection, predictive maintenance and repair services for wind turbines. The deal brings Wind Power LAB’s machine learning–enabled blade-inspection capabilities into the Bridges-backed GEV platform to expand technology-enabled blade services and accelerate global growth.

Whitcraft Acquires TECT Power

March 3, 2020

Aerospace & Defense

Whitcraft announced the acquisition of the stock of TECT Power, a manufacturer of complex rotating and structural airfoil components for turbine engines used across commercial aerospace, business jet, defense and industrial markets. The deal expands Whitcraft's manufacturing capabilities and integrates TECT Power's operations (in multiple U.S. states) into Whitcraft's platform; the purchase price and seller were not disclosed.

Bridges Fund Management Acquires GEV Group (GEV Wind Power) from Maven Capital Partners

July 11, 2019

Energy

Bridges Fund Management has acquired GEV Group (trading as GEV Wind Power), a UK-headquartered specialist in wind turbine blade repair and maintenance, from Maven Capital Partners. The existing management team, led by CEO David Fletcher, is reinvesting and will continue to run the business as Bridges supports scaling the company across onshore and offshore wind markets.

Cornerstone Capital Holdings Acquires AeroGen-TEK (formerly MECO) from Doncasters

January 10, 2019

Aerospace & Defense

Cornerstone Capital Holdings acquired AeroGen-TEK (formerly MECO) from Doncasters Group Ltd, completing Doncasters' planned divestiture of its North American fabrications businesses. AeroGen-TEK, based in Paris, Illinois, makes precision metal fabrications and machined components for aerospace, industrial gas turbine and marine OEMs and will continue to be led by President Tim Hough under Cornerstone's ownership.