Sparrows

Global supplier of oilfield engineering services

Headquartered in Aberdeen, Sparrows is a global supplier of oilfield engineering services to the oil and gas industry. It specialises in offshore lifting, crane engineering and services, mechanical handling, pipe and cable lay systems, fluid power engineering, equipment rentals and competence training and employs 1,750 people in 19 locations globally.

CBPE backed the MBO of Sparrows in March 2008 and since then, the business has grown significantly, increasing turnover, profits and international reach and creating over 200 new jobs.

CBPE realised its investment when the business was acquired by management and funds advised by AEA Investors LLP.

Investment date
03/2008
Realisation date
10/2012
Money multiple
n/a
  • Business

    Oilfield Services

  • Location

    Aberdeen

  • Sector

    Industrials