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United Kingdom Procurement News Notice - 98316


Procurement News Notice

PNN 98316
Work Detail Company snaps up global turbine services provider in landmark deal Certek has acquired wind turbine services provider GEV Wind Power in what it describes as a “landmark deal”. Based in East Yorkshire, England, GEV provides inspection, monitoring, rope-access and maintenance services to on-and offshore wind turbines across the globe. GEV supports its clients through its operational hubs in North America, the UK, Europe and Australia, deploying in-field technicians who support the owners of thousands of wind turbines across four continents. The company executes more than 300 individual projects annually with its pool of more than 500 technicians. Certek is employee-owned and was founded in 2024 by David Harrison with a mission to partner with quality businesses that have a strong compliance, safety and regulatory element to their service offering. Following its acquisition of GEV, Certek’s group revenue will surpass £100 million on a pro-forma basis with a pipeline of other deals in process. Certek has strategically partnered with Macquarie Capital Principal Finance (part of Macquarie Group) to help finance the acquisition. The investment will enable GEV to grow across its core markets, continuing to support the transition to a clean energy economy. Certek is backing GEV’s chief executive and founder David Fletcher and the existing management team who have led the expansion of the group over the past 15 years. Fletcher said: “Our business plays a critical role in supporting the generation of clean energy, as we actively maintain the operational performance of wind turbines and help to reduce downtime. “With Certek’s backing, we will continue to increase our support infrastructure for our clients and play an active part in supply chain solutions, focusing on the consistent delivery of quality and safety that our clients demand across all key geographies where we operate.” In 2019, GEV partnered with Bridges Fund Management, a specialist sustainable and impact investor. Fletcher added: “I want to thank Bridges Fund Management for their investment in the group over the past six years, which has enabled us to complete the strategic acquisitions of rotor blade technology solutions provider Wind Power Lab, based in Denmark, and Australia-based wind turbine and at-height safety specialist Rigcom, together with the support of our Chairman, John Leahy, who has expertly guided us during our journey.” Certek chief executive David Harrison added: “The increasing global demand for low-carbon energy is driving huge investment into wind energy production, creating strong growth opportunities for GEV. “This acquisition is a landmark deal for our young but rapidly growing business; we are delighted to welcome GEV to Certek. “We believe our partnership will help GEV to realise numerous growth opportunities, backed by our focused, strategic investment approach. “We are looking forward to supporting David and the rest of the team as they continue to drive the business forward in the years ahead.”
Country United Kingdom , Northern Europe
Industry Energy & Power
Entry Date 13 May 2025
Source https://renews.biz/100535/certek-acquires-gev-wind-power/

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