Scotland-based oil and gas industry laser survey services provider Scopus Engineering has received a growth capital investment of GBP13m from UK-based blended equity and debt provider Growth Capital Partners (GCP).
GCP in turn will acquire a minority stake in Scopus Engineering’s business and a part of the board.
Scopus will use the investment to further cement its position in the market and continue with its ambitions to grow locally and globally.
The core activity of the company is to conduct precise laser surveys offshore and capture data to be used in engineering and fabrication.
In addition, Scopus has also announced the appointment of John Forrest as the Chairman of the company.
Forrest is the former UK head of Canadian oil & gas company Talisman Energy and a former director of Mobil North Sea.
Scopus Engineering founder director Andy Inglis said the investment from GCP will help the company to pursue its ambition to expand and build its business in the market.
"The appointment of John Forrest will assist in developing our strategy and steering our exciting plans," Inglis added.
"The international opportunity is huge and we expect to build on our success to date in developing new territories."