David Fraser

SPEX provides innovative technology solutions and services to the global oil and gas industry. Its unique, process-driven approach, based upon intelligent efficiency, generates innovative solutions for clients at an accelerated pace but with no compromise on quality. Its multidisciplinary in-house team and state of the art engineering and modelling capabilities enable it to deliver a full product life cycle to its clients, from concept to completion. Tools are then serviced in the field. It is the only SME in the sector with this end-to-end capacity. It operates via two key divisions: • SPEX Engineering provides engineering design and analysis, rapid prototyping and testing for new technologies. • SPEX Offshore provides a range of innovative products and bespoke solutions to the industry in areas including pipe cutting and recovery and wellhead abandonment using explosives engineering. Clients range from super-majors (e.g. BP, Shell and Total) to large service companies (e.g. Schlumberger, Baker) and SPEX is active in regions including the UKCS, Middle and Far East, and Gulf of Mexico.

BGF is the most active and influential investor in small and mid-sized businesses in the UK. An established and independent company, we have £2.5bn to support a range of growing companies – early-stage, growth-stage and quoted – across every region and sector in the UK and Ireland. BGF is a minority, non-controlling equity partner with a patient outlook, based on shared, long-term goals with the management teams we back. With a 150+ strong team, BGF offers an unparalleled international network of business leaders, sector experts and board-level non-executives. We also provide in-house support, including chair and senior executive selection and appointments. BGF UK: http://www.bgf.co.uk BGF Ireland: https://www.bgfireland.ie/

Marwyn is an active, long-term equity investment firm focused on building, managing and growing mid-cap companies (target enterprise value of between £100 million and £1.5 billion) with global operations. We partner with proven operational management teams, often for six months or more, prior to executing our first platform acquisition together. We work together throughout the investment life cycle to refine the strategy, identify targets and conduct diligence. We provide funding, years of corporate finance experience and a broad network of advisors to assist our portfolio companies deliver their growth strategies, often amplified through executing value accretive M&A. Marwyn’s investment team is based in London, supported by operations and finance professionals in Jersey and London. Marwyn has generated strong returns since inception, launching 11 acquisition vehicles that have acquired platform businesses and completing over 80 subsequent acquisitions. Current investments include Zegona Communications, AdvancedAdvT, Marwyn Acquisition Company II, Marwyn Acquisition Company III, Marwyn Acquisition Company PLC, MAC Alpha and Le Chameau.

SPEX provides innovative technology solutions and services to the global oil and gas industry. Its unique, process-driven approach, based upon intelligent efficiency, generates innovative solutions for clients at an accelerated pace but with no compromise on quality. Its multidisciplinary in-house team and state of the art engineering and modelling capabilities enable it to deliver a full product life cycle to its clients, from concept to completion. Tools are then serviced in the field. It is the only SME in the sector with this end-to-end capacity. It operates via two key divisions: • SPEX Engineering provides engineering design and analysis, rapid prototyping and testing for new technologies. • SPEX Offshore provides a range of innovative products and bespoke solutions to the industry in areas including pipe cutting and recovery and wellhead abandonment using explosives engineering. Clients range from super-majors (e.g. BP, Shell and Total) to large service companies (e.g. Schlumberger, Baker) and SPEX is active in regions including the UKCS, Middle and Far East, and Gulf of Mexico.

BGF is the most active and influential investor in small and mid-sized businesses in the UK. An established and independent company, we have £2.5bn to support a range of growing companies – early-stage, growth-stage and quoted – across every region and sector in the UK and Ireland. BGF is a minority, non-controlling equity partner with a patient outlook, based on shared, long-term goals with the management teams we back. With a 150+ strong team, BGF offers an unparalleled international network of business leaders, sector experts and board-level non-executives. We also provide in-house support, including chair and senior executive selection and appointments. BGF UK: http://www.bgf.co.uk BGF Ireland: https://www.bgfireland.ie/

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