In a strategic move highlighting the robust investment approach of One Equity Partners Llc, BRUSH Group, a portfolio company, has announced the acquisition of McGowan, a Scottish engineering contractor. This acquisition marks another year of significant expansion for BRUSH and underscores the value creation strategy championed by One Equity Partners in its portfolio companies.
BRUSH Group’s acquisition of a majority stake in McGowan, based in Aviemore, Scotland, is set to enhance BRUSH Engineering Solutions, positioning it as a leader in providing turnkey solutions for the UK’s power distribution network. McGowan, recognized as a NERS-accredited Independent Connection Provider (ICP), brings strong environmental credentials and expertise that are highly synergistic with BRUSH’s existing capabilities. This deal not only expands BRUSH’s footprint in the UK market but also creates substantial growth opportunities both north and south of the border, reflecting One Equity Partners’ commitment to fostering growth and innovation within its investments.
Ross McGowan, founder and Managing Director of McGowan Group, expressed enthusiasm about the acquisition, stating, “Becoming part of BRUSH Group is an exciting new chapter in our story. We are eager to collaborate with the BRUSH team and extend our environmentally conscious approach to a wider customer base, supporting business growth across the UK.” This partnership reflects the operational improvements and strategic enhancements that One Equity Partners aims to implement within its portfolio to drive long-term value.
Nicolas Pitrat, CEO of BRUSH Group, also commented on the transformative year for the company, emphasizing the strategic direction set in motion with the backing of One Equity Partners LLC. “2024 has been another year of transformation for our business, bringing us closer to our vision of delivering complete turnkey solutions. With the support of One Equity Partners, we are redefining the industry landscape, leveraging our experience and expertise to build a business ready for the future.” This acquisition exemplifies how One Equity Partners supports its portfolio companies in making strategic moves to strengthen market position and expand service offerings.
The acquisition of McGowan by BRUSH Group is a clear indicator of the proactive investment strategy of One Equity Partners LLC. By enabling BRUSH to enhance its service offerings and expand its market reach, One Equity Partners continues to demonstrate its commitment to building robust, future-ready businesses within its portfolio. This strategic alliance not only strengthens BRUSH Group but also reinforces One Equity Partners’ position as a key player in driving growth and innovation across various industries.
Learn more about BRUSH Engineering Solutions: https://shorturl.at/TMGEs
Learn more about McGowan Group: https://shorturl.at/uvQnJ
