FUND OVERVIEW

Our team has extensive experience in sourcing, developing and realising value from platform investments, through hands-on operational ownership

Our track record demonstrates the team’s ability to grow companies.

Jim McColl, Founder, Chairman and CEO

Fund I

From 1999 to the establishment of Fund II (collectively called Fund I), the Clyde Blowers Capital team made buyout platform investments. These investments were made with co-investors.

Fund II

Funds under management in Fund II are currently £250.1m. In November 2008, Fund II invested in six portfolio companies: Clyde Pumps and Union Pump (which merged on the same date), David Brown Gear Systems, Hydreco (formerly known as David Brown Hydraulics), Maag Pump Systems and Clyde Bergemann Power Group.

In addition to these assets in Fund II, Clyde Blowers Limited provided leadership and management support to InterBulk Group which was traded on the AIM market. Clyde Blowers Capital has successfully exited the investments in Clyde Union Pumps and Maag.

Fund III

Clyde Blowers Capital successfully closed Fund III on 27 January 2012. With an initial target fund size of £350m, which was extended to £420m, Fund III was still significantly oversubscribed at final close.

On 8 February 2012 Clyde Blowers Capital Fund III completed the acquisition of the two trading businesses of Finland headquartered Moventas OY. This marked the first investment from Fund III.  Fund III has made five subsequent acquisitions - Cone Drive, CBC Electric Machines Group, ESI, Keto and Fergusons – and has since demerged the Santasalo industrial gears business from Moventas.