A Cardiff-headquartered consultancy specialising in low-carbon engineering and lifecycle solutions for the marine, offshore, and power generation industries has secured a strategic investment.
Avantis Group has announced a strategic investment from Leon Capital LLP, a London-based European private equity firm.
The company will continue to be led by chief executive Thomas David, chairman Chris David, and the existing leadership team, who retain both a controlling interest and full operational oversight of the business.
Their leadership has been instrumental since the 2022 management buyout, supported in part by the Development Bank of Wales, Avantis said in its release, adding that this move set the foundations for Avantis’ strategic transformation.
The investment supports Avantis Group’s long-term growth strategy across maritime and energy markets, including investment in talent, digital capabilities, and infrastructure, as well as expansion into high-growth sectors such as digital infrastructure and defence.
Thomas David, chief executive officer of Avantis Group, said: “This strategic investment marks an important milestone for Avantis Group. We were deliberate in selecting a partner that understands our industries and aligns with our long-term vision.
“This capital strengthens our platform and enables us to pursue growth opportunities while maintaining the independence and culture that define our company. We remain grateful for the support provided by the Development Bank of Wales in funding our management buyout in 2022, which gave us the opportunity to build the foundations for this next stage of growth.”
