Turbine Efficiency

Leading after-market service provider for industrial gas turbines.

Overview

Turbine Efficiency is a leading provider of after-market services for industrial gas turbines, specialising in sub-10MW machines. The Group provides maintenance, repair and overhaul services under long-term contracts.

TEL has grown 29% per annum since 2009. Significant opportunities exist to accelerate growth both organically and via strategic acquisitions.

Facts

Founded in 2001

75 FTE in Lincoln HQ

Listed in the 2016 SME Export Track 100

Acquired by Core Capital in 2016

Image

Background


TEL has a leading reputation for engineering excellence and customer satisfaction. This has been built over the last 15 years serving a global customer base of clients across oil and gas, CHP and industrial sectors.

The Group is also one of the UK’s fastest growing exporters delivering 29% annualised growth over the last 6 years.


Background Image

Progress


Core Capital acquired TEL in 2016. Additionally, we have committed incremental capital to support Management in realising expansionary opportunities. 

TEL operates within a specialised, fragmented industry. Multiple opportunities exist to further accelerate growth via investment into new service development and strategic acquisitions to broaden the Group’s addressable markets.


Progress Image
2016

Core Capital acquires TEL