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EnerMech

Founded in 2008, EnerMech is focused on cranes, hydraulics, pumps, and valve services for offshore oil and gas platforms, rigs, and other vessels worldwide. It provides equipment rental, specialist personnel, specialist training, and engineering services to offshore oil and gas producers, particularly in the Eastern Hemisphere.

From its headquarters in Aberdeen, it operates from 40 locations across the world, including Africa, the Americas, Asia, Australia, Europe and the Middle East, employing more than 3,000 people.

Lime Rock Partners invested in EnerMech on its founding in 2008 and helped transform the business from a small start-up equipment rental business into a global enterprise which provides critical asset integrity and operations and maintenance support to the energy and infrastructure sectors across the full asset lifecycle. In 2017 it generated a turnover of £365 million and EBITDA of £43 million.

Private equity impact

  • PROVIDED CAPITAL TO START THE BUSINESS AND INITIAL ACQUISITIONS

  • BUY-AND-BUILD STRATEGY, COMBINING ORGANIC GROWTH WITH SELECTIVE ACQUISITIONS

  • CREATED A GLOBAL BUSINESS IN 40 LOCATIONS AND HEADQUARTERED IN ABERDEEN

  • EMPLOYEE NUMBERS INCREASED FROM 200 TO MORE THAN 3,000

  • TURNOVER OF £365 MILLION AND EBITDA OF £43 MILLION IN 2017

Achievements

BVCA MANAGEMENT TEAM AWARDS 2018

  • LARGE COMPANY MANAGEMENT TEAM - SCOTLAND



Location
Aberdeen

Backers 
Lime Rock Partners: 2008 - present


Achievements
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