The Quinn Partnership, Management Due Diligence specialists, has advised Growth Capital Partners on their recent backing of Scopus.

Growth Capital Partners (GCP) has invested £13m (€14.9m) in Scopus Engineering, a provider of laser survey services to the oil and gas industry.

Founded in 1991 by Andy Inglis and Tom Bryce, Aberdeen-based Scopus’s clients include international oil companies and contractors. The company has a strong position in the North Sea with operations in Azerbaijan as well as Malaysia and Brunei. It also intends to open offices in Abu Dhabi and Thailand this year.

Scopus has grown revenues by more than 20 per cent per year since 2010. In the current year it is expecting to report turnover of £18m. GCP will take a minority stake in the business and have a seat on the board.

John Forrest, former UK head of Canadian oil and gas group Talisman Energy, will join the company as chairman.

Mike Stiles, Director at The Quinn Partnership, comments “Andy and Tom are genuine entrepreneurs and their partnership with Growth Capital Partners will be a dynamic and exciting journey marrying the team’s sector knowledge and business acumen with Growth Capital’s professionalism and expertise.”

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