Industrials

David Brown Systems

David Brown Systems is a UK based engineering company with an established >150 year history principally engaged in the manufacture of industrial components including significant operations in industrial gear boxes and hydraulic components.

August 2013
Investment Date
UK
Country

Case study


Business Overview

  • Headquartered in the UK, with significant global operations
  • Deep experience and understanding of the engineering sector within PDM and the Permira Industrials team

 

Investment Thesis

  • Large and growing order book
  • Focus on components where lead times/quality (not price) are paramount
  • Heavy investment already completed to “productise” engineering expertise
  • Global network of local service centres for gear box repair and maintenance
  • Favourable security position; strong downside protection

 

Origination

  • Proprietary origination; exclusive process
  • Strong institutional relationship with sponsor (Clyde Blowers)
  • Significant experience and understanding of industry within PDM team

www.davidbrown.com