James Ramsay Acquires HCS Energy
Private equity firm, Nevis Capital, has supported us to acquire the specialist boiler hire business, HCS Energy. This acquisition is the first for James Ramsay, with more in the pipeline.
Raymond Shepherd, Managing Director of James Ramsay, said: “We are delighted to acquire one of the leading specialist hire businesses in our sector. It complements the Ramsay business well and will allow us to provide a wider offering to both companies’ customer bases.”
HCS Energy is the leading independent boiler hire company in Scotland with a fleet ranging from 200kW to 2,200kW. It provides containerised temporary boiler facilities to a wide range of customers including councils, schools, care homes and commercial businesses.
Nevis plans to invest significantly to expand the fleet of boilers further and broaden maintenance support to customers.
HCS was formed by Jim Garrity and has been providing temporary and emergency heating and hot water across Scotland for over 15 years. The business operates a 24 hour emergency call out and has supported many public sector and commercial customers with heating and hot water at critical times.