- GEC is headquartered in Aberdeen, Scotland
- Global Energy Group chairman Roy MacGregor and a member of the board will assist GEC in this transaction
- SCF offers equity capital and strategic growth assistance to build energy service and equipment firms
SCF Partners has invested in Global E&C (GEC), a differentiated engineering, modification, maintenance, and commissioning firm, primarily focused on servicing the offshore energy sector.
The financial details of the transaction were not disclosed.
GEC is headquartered in Aberdeen, Scotland.
The investment is expected to strengthen GEC’s ability to assist evolving energy markets and accelerate the growth of its digital and decarbonisation offerings, according to a release.
“We invested in Global E&C because we believe the team has the energy, the capability, and the data management technology to become a leading player in the decarbonisation of offshore and onshore infrastructure,” said Colin Welsh, partner at SCF.
Global Energy Group, GEC’s previous parent company, headed by Roy MacGregor, will maintain its other Aberdeen based energy businesses.
MacGregor, who is a member of the board, will assist GEC in this transaction.
SCF, based in Houston, Texas, offers equity capital and strategic growth assistance to build energy service and equipment companies globally. The firm has offices in Calgary, Singapore, and Aberdeen.