BOOST&Co provides Bowman Power Group, a world leader in advanced exhaust energy recovery, with a venture debt funding facility to fund its working capital.
Bowman designs and manufactures waste heat recovery systems for large diesel engines. This allows engines to gain up to 10% energy efficiency. It has recently won a number of large contracts with tier-1 manufacturing operates.
Lance Mysyrowicz, a Partner with BOOST&Co, commented on the transaction: “We are delighted to support Bowman as it continues to roll out its product internationally. We have been very impressed with the recent customer wins and we look forward to supporting them on the next stage of their journey.”