In another strategic move highlighting its commitment to growth and market leadership, BRUSH Group has announced the acquisition of McGowan, a Scottish engineering contractor. This acquisition, backed by One Equity Partners, BRUSH Group’s parent company, marks a significant expansion of BRUSH Engineering Solutions and strengthens its position as a leader in turnkey solutions for the UK’s power distribution network.
This deal sees BRUSH Group, a portfolio company of One Equity Partners, acquire a majority stake in McGowan, an Aviemore-based firm renowned for its expertise as a NERS-accredited Independent Connection Provider (ICP). McGowan will now become a key component of BRUSH Engineering Solutions, enhancing its capabilities in delivering comprehensive, end-to-end solutions to clients across the UK. The strategic synergy between BRUSH and McGowan is expected to unlock substantial growth opportunities, extending both companies’ reach and service offerings throughout the UK.
Ross McGowan, founder of McGowan Group, who will continue to lead the business as Managing Director, expressed enthusiasm about the acquisition: “Becoming part of BRUSH Group, under the ownership of One Equity Partners, is an exciting new chapter for McGowan. We are eager to collaborate with BRUSH and leverage our expertise in environmentally conscious engineering practices to serve a wider client base and support the group’s expansion across the UK.” McGowan’s strong environmental credentials bring a valuable dimension to BRUSH’s engineering capabilities, aligning with the increasing demand for sustainable and responsible infrastructure development.
Nicolas Pitrat, CEO of BRUSH Group, emphasized the strategic importance of this acquisition in the context of One Equity Partners‘ vision for the company: “2024 has been another transformative year for BRUSH, driven by the support of One Equity Partners. We are making significant progress towards our goal of providing complete turnkey solutions for our customers. This acquisition exemplifies our proactive approach to reshaping the industry and redefining the role of an original equipment manufacturer. By combining our extensive experience, industry knowledge, and dedication to excellence, we are building a future-proof business.” The acquisition of McGowan is a testament to One Equity Partners‘ active role in guiding BRUSH Group’s strategic direction and supporting its ambitious growth trajectory in the UK market.
Learn more about BRUSH Engineering Solutions: https://shorturl.at/TMGEs
Learn more about McGowan Group: https://shorturl.at/uvQnJ
