WTS Energy partners with NIBC to accelerate its position in the energy transition and high added value personnel services
WTS Energy provides technical personnel and operational services to the Energy industry around the globe. Both renewable energy and oil and gas in the energy transition industry.
WTS Energy is pleased to announce the management buyout of WTS Energy backed by financial minority investor NIBC Mezzanine and Equity Partners.
The new shareholders are excited to further build on WTS Energy’s experience as a global platform for technical services and people services to the energy industry. WTS Energy has a number of high tech initiatives ongoing in human resources, HSE & knowledge transfer for the energy industry, both renewables and oil and gas.
The ongoing energy transition demands a substantial effort from the general energy industry and needs a change in required technical expertise whilst safeguarding access to energy during the transition.
As established player in the technical manpower staffing & engineering support services, with a focus on developing local workforce in many countries around the world, WTS Energy showed it is well equipped to adapt to changing market circumstances.
WTS Energy provides a solid platform for expansion of its activities with its presence in various areas.
As financial partner, NIBC will contribute to accelerating WTS Energy’s efforts in the energy transition increasing its attribution to a more sustainable environment while maintaining local employment.
Frans van der Harst, Managing Director NIBC Mezzanine & Equity Partners: “We are very pleased with the formalization of the transaction and look forward to support WTS’ ambitions in the energy transition. WTS’ global platform provides a strong basis for further growth of activities and expansion of its services within the energy transition, which is an important theme in our investment portfolio”
Frederik Rengers, CEO WTS Energy: We are delighted to be partnered with NIBC – an entrepreneurial and successful bank in the The Netherlands with a very strong track record in helping to grow and build global business in the energy industry. The bank’s practical and no-nonsense approach in doing business and their successful experience with private equity support for MBO’s makes them an ideal partner for WTS Energy. The opportunities for our services is huge both in the energy transition, and to be part of the further globalization of the skill pool for engineers, so the future is super bright for our strategy.
WTS Energy is a global supplier of people services like recruitment and manpower supply and engineering support work. Managing and executing operations and projects in the oil and renewable en energy industry around the world. We have a strong focus on technology and IT tools to make the work force better and to make the workplace safer. Training, knowledge transfer and local content development are strong drivers for our business. WTS Energy has 14 offices around the world in Africa, Middle East, Europe and the America’s.