Calash, the energy sector consultancy, is pleased to have advised leading mid-market, energy private equity firm Blue Water Energy in their recently announced strategic partnership and investment in the Optilan Group.
Calash undertook a comprehensive commercial due diligence exercise for Blue Water Energy, supporting their investment in the Optilan Group. Optilan services the communications and security markets within the upstream, midstream and downstream sectors of the international oil and gas industry.
"Over the past 25 years Optilan has established itself as a differentiated provider of systems integration services to the market - a market we see as increasingly important amid today's economic and geopolitical climate. We are delighted to be partnering with the company to deliver an ambitious growth plan."
Graeme Sword, Partner, Blue Water Energy
Jon Clark, Calash's Project Manager on the due diligence team commented, "The current climate continues to be challenging for the oil and gas service industry, and it was encouraging to work with a supplier in the industry that has some clear technical differentiators, strong partnerships and significant opportunities for growth, both within its core markets and through diversification. The Calash team successfully built a granular market model that demonstrated the scale of the opportunities available to Optilan, and validated these opportunities with in-depth discussions with several of Optilan's key customers. Understanding the opportunities helped provide Blue Water Energy with the reassurance needed to invest in this partnership."
Calash's in-house expertise offers unparalleled breadth and depth of commercial and technical knowledge. Calash reviews the company's strategy and commercial proposition, the markets and competitive environment in which it operates, the company's operational capabilities and the effectiveness of its organisational structure and management team.
About Optilan Group Limited:
Formed in 1990, Optilan has achieved significant growth and is now a well-established specialist provider of communications and security systems integration services, including design, installation, commissioning, support and maintenance services to a broad range of blue chip customers. It has primarily focused on greenfield and brownfield projects in the energy sector, however it has additional proven delivery capability as well as a growing order book within the transport and infrastructure sectors. Optilan has a presence in the Middle East, Russia, Caspian and Turkey.
Calash is an award-winning energy advisory firm providing strategic advisory and due diligence services to private equity, debt providers and corporates.
Calash has offices in London, Aberdeen, New York, Houston and Sydney.
Our sister company, Candour Energy ( www.candour.com ) was launched in 2015 to provide clients with access to the best subject matter experts in the industry.
Calash has completed over 600 projects in the energy sector to date.
About Blue Water Energy:
Founded in 2011, Blue Water Energy is a leading global middle market energy specialist private equity firm based in London. The firm primarily targets investments in the reserves, upstream and midstream / downstream energy supply chain, while partnering with best-in-class management teams and utilising a network of seasoned investment and operating professionals. Since raising Blue Water Energy Fund I, $861m, a global portfolio of 11 companies from the E&P, Oil Field Services and Midstream / Downstream sectors is now managed by the team at BWE. Its Partners have on average 28 years of relevant experience, and they are complemented by a seasoned and very talented investment team of 13 people.