GCP divests Scopus to Amec Foster Wheeler

The management team has also divested its stake in the business.

Under the GP's tenure, the company has undertaken an international expansion strategy and increased the number of services it provides. It has increased its headcount by 80% and doubled its sales figures.

GCP invested £13m for a minority stake in Scopus in March 2013, with the company's senior managers Andy Inglis and Tom Bryce maintaining their controlling stake.

The deal is intended to strengthen AFW's operations across the upstream, midstream and downstream oil & gas sectors.

Company
Headquartered in Aberdeen and founded in 1991, Scopus provides offshore precision laser surveys for the oil & gas industry. The business has a headcount of 300 with additional operations in Abu Dhabi, Malaysia, Brunei and Baku. It generates a turnover of £30m.

People
Kirsty McDonald is a partner at GCP.

Advisers
Vendor – Dickson Minto (Legal).
Acquirer – Simmons (M&A); Stronachs (Legal); Deloitte (Corporate finance).

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