NIBC Investment Partners accelerates WTS Energy's efforts in the energy transition
WTS Energy is a global supplier of people services like recruitment, manpower supply and engineering support work. The company manages and executes operations and projects in the energy industry around the world. They have a strong focus on technology and IT tools to make the work force better and to make the workplace safer. Training, knowledge transfer and local content development are strong drivers for our business. WTS Energy has 14 offices around the world in Africa, Middle East, Europe and the America’s.
The management of WTS Energy was looking for a financial partner who could support them in a management buy-out (MBO). NIBC Investment Partners was able to back the MBO by becoming a minority investor in the company.
As financial partner, NIBC accelerates WTS Energy’s efforts in the energy transition, increasing its attribution to a more sustainable environment while maintaining local employment.
The new shareholders are excited to further build on WTS Energy’s experience as a global platform for technical services and people services to the energy industry. The ongoing energy transition demands a substantial effort from the general energy industry and needs a change in required technical expertise whilst safeguarding access to energy during the transition.
As an established player in the technical manpower staffing & engineering support services, with a focus on developing local workforce around the world, WTS Energy is well equipped to partake in the energy transition.