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Value Undisclosed
Summary
TEC, a UK-based distributor of electric motors, gearboxes and inverters, has secured a substantial private equity investment from Foresight Group to fund its next growth phase, with KBS Corporate Finance advising on the transaction.
Summary of transaction details:
- Value: Undisclosed
- Sector: Industrials & Energy
- Advisor: KBS Corporate Finance
- Key Entities: TEC; Foresight Group; KBS Corporate Finance
- Location: Hartlebury, Worcestershire, United Kingdom
Note: Foresight's backing supports TEC's expansion in energy-efficient industrial drivetrain and motor solutions, a market benefiting from regulatory pressure and corporate net-zero commitments.
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Growth prioritisedOriginal Source
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