Turner & Co, which invests in private companies, has appointed Jason Cohen as investment director as it seeks partners in industrial and business service markets.
Mr Cohen joins Turner from PwC Corporate Finance in Glasgow, where he has advised on a wide range of corporate and private equity transactions. In his new role he will focus on sourcing and securing deals. A particular area of focus in coming months will be on safety and water industry service businesses.
Craig Campbell, CEO of Turner, said: “Jason’s appointment is another important milestone for Turner as we continue our evolution, building on our heritage in engineering and industrial services.”
Turner’s portfolio has a combined turnover in excess of £90 million and a balance sheet value of over £150m.
In July, it sold its aviation business, Turner Aviation, to Precision Aviation Group, a global provider of aerospace maintenance, repair and overhaul services.
The move contributed significantly to Turner’s liquid resources, with substantial funds available for investment in its existing companies and new transactions.
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