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ICR Integrity

ICR Integrity

Sector: Energy and Environmental

Deal Type: SBO

Date: July '11

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The creation of ICR Integrity heralds an extremely exciting time as we embark on our vision to create a group of companies on a global scale via both acquisition and organic growth and we are already progressing opportunities with Gresham to achieve this.

Willie Rennie, CEO
ICR Integrity

Investment Overview

Headquartered in Aberdeen, ICR Integrity specialises in composite repairs to pipework and structural assets for the oil and gas industry. It currently employs 45 full-time staff in Aberdeen and has export sales in over 12 international markets.

Why we liked it

The demand for engineered composite repair technology is strong as ageing assets require safe, innovative and cost effective solutions. Gresham has been looking to invest in the integrity, repair and maintenance niche of the energy sector for some time and we are delighted to be backing this talented management team.

How are we helping?

Gresham’s backing will facilitate growth on a global scale both organically and through a ‘buy and build’ strategy.

Gresham contacts:

Iain Wolstenholme
Andy Marsh