We brought in experienced management to augment the existing Woodside Power team and supported them to relocate the business and implement an ISO accredited integrated management system within six months.

This facilitated a market leading level of customer service which helped drive sales into new sectors and geographies.

To support this growth, Nevis and its banking partners provided the finance to increase the hire fleet from 10mVA to 45mVA.

During our ownership, sales quadrupled and what had been a breakeven business generated EBITDA in excess of £1.7m per annum.

In 2013, Nevis identified HSS Hire Group as a potential trade acquirer of the business and initiated discussions about combining Apex with their existing Abird business.

Having built a strong relationship with the HSS team, we sold Apex to them in March 2014.

The success of Apex was driven by the combination of a strong management team complemented by the strategic support of Nevis.

“Nevis brought the experience, finance and mindset for growth that we needed and were instrumental in the development of the business. Their straight-forward approach and ability to support us when required made them the ideal partner for a growing business.”

Robert Gibson, Head of Apex Management Team