Turner has appointed Jason Cohen as Investment Director, strengthening its team as the business looks to partner with ambitious management teams in industrial and business service markets.
Turner is fourth generation family business which has been building private companies for more than 100 years. Its portfolio of businesses’ turnover is in excess of £90 million with a combined balance sheet value of over £150 million.
Jason joined the team in October and will focus on sourcing and securing new deals. He joins Turner from PwC Corporate Finance in Glasgow, where he has advised on a wide range of corporate and private equity transactions.
Craig Campbell, CEO of Turner, said:
“Jason’s appointment is another important milestone for Turner as we continue our evolution, building on our heritage in engineering and industrial services. Jason’s energy and expertise will bring real value to our ambition to partner with new teams to build their companies as we focus on driving business growth and long-term success across our portfolio.”
Jason said:
“Turner’s values, legacy and operational experience built over more than a century is truly exceptional and unique. I look forward to playing an important role with the business at this significant point in its evolution and helping to deliver on our strategic vision.”
Jason’s arrival follows the appointment of Mark Abbey as Turner’s Operating Partner earlier this year. Jason will work closely with the Turner team to explore new platform deals in industrial and business services markets. A particular area of focus in coming months will be on safety and water industry service businesses.
Jason was formerly Associate Director at PwC in its Corporate Finance team having been at the firm almost seven years. He regularly worked on multi-million-pound deals on both sides, as well as brief seats in PwC’s transaction services and equity fundraising teams.
In July, Turner sold its aviation business, Turner Aviation, to Precision Aviation Group, a global provider of aerospace maintenance, repair and overhaul services. The move contributed significantly to Turner’s liquid resources, with substantial funds available for investment in its existing companies and new transactions.
