Bamburgh Capital provided strategic corporate finance support to AIM listed, offshore renewables specialist.
Bamburgh Capital was able to guide Tekmar Group plc through the complexities of the Takeover Code as its Rule 3 Adviser, working closely with its board on its strategic review and formal sale process.
The outcome was that Bamburgh Capital arranged a groundbreaking £22m strategic investment by US-based house SCF Partners. With Houston based SCF Partners as a strategic partner and long-term investor, Tekmar gained a significant opportunity to strengthen and expand its market leading position as a key supplier of technology and services to the offshore wind market globally.