Phoenix acquires Gall Thomson Environmental
Phoenix Equity Partners has acquired liquid product transfer equipment manufacturer Gall Thomson Environmental from trade player Lupus Capital.
The company was valued at £75m. Equity was invested from Phoenix Equity Parnters 2010, which closed at £450m.
Debt
Debt was provided by HSBC, Santander, and RBS.
Company
Gall Thomson Environmental, founded in 1978, produces a range of products for pollution-free transfer of liquid and gas products in offshore marine environments. The company is based in Great Yarmouth, UK.
People
Partner John Rastrick worked on the deal for Phoenix.
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