EFC is a niche market leader providing monitoring systems and instrumentation to the oil and gas sector. Headquartered in Aberdeen, its specialist designed and engineered solutions are now used globally by a range of blue-chip clients.
A co-investment with Maven Capital in 2009, EFC accelerated its growth by targeting new international markets, extending the product offering and growing the customer base. During this time, the business moved to new headquarters, strengthened its management team, developed innovative new products and significantly improved both its systems and processes. These enhancements saw EFC’s turnover more than double and employee numbers grow from 15 to 50.
Souter Investments realised its investment via a secondary buyout to a consortium of investors.