Calash is pleased to announce that it provided due diligence support to Glasgow-based SME investor Nevis Capital on its investment into JWF Process Solutions, a global instrumentation supplier across the oil and gas, petrochemical, utility, healthcare and food and beverage sectors.
Calash provided market support and due diligence on behalf of Nevis Capital, focusing on an assessment of its UK North Sea customer base.
Nevis Capital has acquired a significant stake in the business to support its next phase of growth, and will see one of its partners join the board.
“JWF has all the attributes that we look for in a business – a great team, industry leading technical knowledge and outstanding customer service. We take a very long-term approach to our businesses and look forward to supporting the next phase of growth for JWF and being part of it for a long time to come.”
Brian Aitken, Partner, Nevis Capital
Read more here.
Glasgow-headquartered JWF Process Solutions was founded in 1962 and provides instrumentation equipment and services across several sectors, including oil and gas, petrochemical, chemical, utility, healthcare and food and beverage.
Nevis Capital buys companies and offers something different from a trade sale or private equity. It is a business owner that will protect, support and develop businesses and people over the long term. Nevis is a partnership of four individuals who have owned and operated their own businesses and are now investing their own money into businesses they admire and with people they can trust.
