GLASGOW-based JWF Process Solutions, an engineering specialist in measurement and instrumentation products and services, has completed a deal with leading industrial services investor Nevis Capital. The deal sees Nevis buy-in to JWF to support its growth and development across the UK.
Founded in 1962, JWF is an approved partner of world-leading instrumentation suppliers. Customers include blue-chip customers across the oil and gas, petrochemical, chemical, utility, healthcare and food and beverage sectors.
Kenneth Fairbairn, majority owner and Managing Director of JWF, remains as MD with a significant shareholding. He said: “We are delighted to welcome Nevis as a shareholder in JWF. They have a proven track record of successfully supporting industrial services businesses to grow and develop over the long term. Most importantly, their values are aligned with ours and they are focused on delivering outstanding results for their customers and employees. I look forward to working with them as we continue to develop the business.”
This deal builds on the acquisition of Stream Measurement that JWF completed three years ago to expand the footprint of the group across the UK. JWF has deep relationships with the leading instrumentation manufacturers across the globe which allows them to select the best solution to meet customers’ needs. It has expanded its aftersales service offering in recent years and has developed a data offering for its customer base.
This deal brings on board an experienced partner and represents an exciting opportunity for management to continue to grow the business with the backing of Nevis Capital.
It is very much business as usual at JWF who will continue to work closely with their customers, suppliers and partners to deliver outstanding instrumentation and measurement services.
Nevis Capital has acquired a significant stake in the business. Brian Aitken, Partner, said: “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.”
