GWGI represents the second investment from Mobeus’s latest UK-focused small-cap buyout Fund, Mobeus V, following its investment in Gungho Marketing earlier this year.
Founded in 2003, GWGI’s “Gasworld” brand (www.gasworld.com) is regarded as the go-to platform for the $100 billion industrial gases industry and has established a global client base for its publications, worldwide events and business intelligence products. The growing importance of hydrogen in the low-carbon economy led GWGI to create and develop “H2 View” in 2019, focusing on four key pillars of technology, mobility, power and policy. H2 View has grown rapidly since inception and is already considered a leading source of sector insight.
The need for information and data to support decision-making is becoming ever-more important in an industry facing supply-side constraints, technological advancements and the development of new end-use applications. Mobeus will support GWGI in continuing to provide high-quality content whilst promoting the development of its business intelligence offerings, digital content and marketing services as well as rapidly expanding its portfolio of events.
The investment was led by Richard Babington, with support from Matt Gordon-Smith and Issy Jackson. Richard has joined the board of GWGI.
Richard Babington, Mobeus Partner, commented “We are delighted to have completed Mobeus V’s latest investment into GWGI. The business’s talented team has plans to further diversify the business’ service offering and continue the rapid growth trajectory of its leading, sustainability focused, H2 View brand. We look forward to working alongside the team in executing their exciting strategy.”
Mobeus was advised by HMT (Financial DD and buy-side advisory), Plural Strategy (Commercial DD), Michelmores (Legal), Trillium (Exit Review), Grant Thornton (Tax Structuring) and Sustainable Advantage (ESG). Corbett Keeling provided corporate finance advice to the shareholders.