Whelan Refining Limited
Industry Sector
Energy, Environmental & Industrial
Deal Type
Early Stage
Date
2006
Whelan Refining is a re-refiner of waste oil, based in Stoke on Trent.
How did we help?
Our investment supported initial refurbishment of the site and subsequently the working capital needs of the business post launch as it grew rapidly.
Result
Catapult successfully exited Whelan Refining in February 2013, selling its stake to the company's management team and delivering a 4.7x money multiple return on the total investment.