Omega Engineering Services sold to US engineering firm

Photo shows: Keith Matthews. Belcan international, Alan Beresford PAP Group, Mike Gibbin Omega Engineering Services
Belcan

Omega Engineering Services Ltd, which was owned by Stonehouse-based Passionate About People Ltd, has been sold to Belcan a global supplier of engineering, supply chain, technical recruiting, and information technology (IT) services to the aerospace, defence, automotive, industrial, and government services markets,

Belcan is a portfolio company of Florida, United States-based AE Industrial Partners, LP (“AEI”), a private investor in aerospace, power generation, and specialty industrial companies.

Omega Engineering Services Ltd (OES), which has its headquarters in Cheltenham and counts Airbus, Rolls Royce and Leonardo as customers, tests and develops control equipment for  the aerospace and industrial sectors. The company offers tailor-made flexible service contracts covering design, sourcing, purchasing, supply, calibration, and delivery of test and other equipment. The company also provides high-quality hardware and software engineering solutions to some of the biggest names in safety-critical industries.

“The demand for OES’s capabilities in rigorous testing of control equipment in our chosen sectors is growing tremendously,” said Lance Kwasniewski, Chief Executive Officer of Belcan. “This acquisition complements our international growth strategy and is a key step in strengthening Belcan’s ability to serve its global customer base.”

Keith Matthews, President of Belcan International, added: “OES has grown significantly under Passionate About People, offering a complete design-to-manufacture capability. OES now has the opportunity to expand its engineering services as part of Belcan, a dedicated and growing engineering services group.”

Alan Beresford, co-founder of Passionate About People, said,” We are delighted to have helped OES grow and now is the right time for the business to be associated with Belcan, and the tremendous opportunity that brings for all stakeholders. This transaction allows Passionate About People to focus on its path of market-leading growth and service innovation within the resource solutions and recruitment process outsourcing sectors.”

Mishcon de Reya served as legal advisor and PricewaterhouseCoopers LLP served as financial advisor to Belcan. Cheltenham-based BPE served as legal advisor and Shaw & Co LLP served as financial advisor to Passionate About People.