Clearwater International has advised the shareholders of Thyson Technology Limited (Thyson) on the management buyout, backed by NVM Private Equity.
Established in 1994, specialist analytical instrumentation business Thyson provides complex analyser systems for process industries including green energy, oil and gas, water, and nuclear. Thyson also offers a wide range of professional services including design and installation of electrical and mechanical systems, delivery of civil engineering works, technical consultancy, recruitment, and the provision of spares and consumables.
NVM Private Equity specialises in investing in growing SME businesses and currently holds over €350m of funds under management.
The Clearwater International team was led by Partner Paul Jones and Associate Director Oliver Wheatley, with support from Partner Constantine Biller and Associate Sophie Davidson.
Mike Braddock, Managing Director, Thyson Technology said: “The oil and gas market has experienced some challenging conditions, despite this we’re continuing to grow. This transaction gives us a great opportunity to target new markets and increase our services offering.”
Paul Jones, Partner, Clearwater International said: “Thyson has an excellent reputation within the oil and gas market, and the management have successfully taken the company’s skill set into new markets, such as green energy, where it has already become the ‘go to’ provider. The MBO is a further opportunity to expand the company’s services and end markets, with services focussed on improving compliance and production efficiency.”