Turbine Efficiency Limited
Industry Sector
Energy, Environmental & Industrial
Deal Type
Early Stage
Date
2003 - 2011
TEL supplies and maintains sub 10MW Combined Heat and Power Gas Turbines around the world.
How did we help?
We provided growth and working capital to the business in its early stages.
Result
We sold our stake back to management in 2011 delivering a 2.6x cash return.