K3 Deal Advisory advised TEC Motors on securing private equity investment from Foresight Group, providing strategic capital to expand its product and service offering.

Founded in 2006 and based in Worcestershire, TEC Motors is a specialist distributor of electric motors, gearboxes and inverters serving customers across multiple industrial sectors.

The business has built a trusted reputation for technical expertise, customer service and tailored solutions, with a particular strength in helping clients improve motor efficiency, performance and reliability.

Against a backdrop of tightening regulatory standards and growing net-zero commitments, TEC’s shareholders sought an investment partner capable of supporting expansion, broader capability and continued leadership in a specialised market.

TEC Motors logo

Led by Dave Gardner, Mughees Saleem and George Dalton, K3 Deal Advisory invested time in understanding both the commercial strengths of the business and the personal objectives of the shareholders.

The team positioned TEC as a high-performing distributor operating in a resilient market underpinned by long-term regulatory and environmental drivers, and ran a targeted process aimed at investors with experience of supporting ambitious UK businesses.

Negotiations focused on identifying the right strategic and cultural partner – one capable of accelerating growth while preserving TEC’s strong service ethos and customer relationships.

TEC secured substantial private equity investment from Foresight Group, providing the capital and strategic support required to drive the next stage of growth.

The investment strengthens the leadership team and positions the business to deepen its product range, enhance service capabilities and capitalise on growing demand for energy-efficient industrial systems.

The transaction also underlined TEC’s attractiveness as a specialised platform operating at the intersection of technical distribution, energy efficiency and long-term industrial demand.

Dave, George and Mughees, along with the whole K3 Deal Advisory team, really invested in TEC. They took the time to understand our goals and were on hand to discuss any concerns we encountered. Any transaction of this nature can be daunting; however, K3 Deal Advisory simplified the process and made a huge effort to understand our business and market. We found their team were equally keen to find the right investment partner that would allow TEC to prosper. Post-deal, K3 Deal Advisory are also at the end of the phone, which is above and beyond our expectations. We are delighted to partner with Foresight, a firm with a track record in backing ambitious UK businesses. With Foresight’s investment, we are enhancing our services and deepening our product range to help drive energy efficiencies and operational excellence for our customers. We are excited for the next chapter of TEC’s journey.

Scott Edwards, CEO, TEC

TEC is a long-standing, independent distributor in a specialised market. It has grown successfully and built a strong reputation for technical expertise and reliability. We look forward to supporting the team in their next phase of growth.

Lindsay Duebendorfer, Investment Director, Foresight Group

TEC is an incredibly successful business built upon exceptional technical knowledge, premium levels of service and a collaborative culture. From early in the process, we took time to understand both the commercial and personal aspirations of the shareholders. Partnering with Foresight was a clear choice as TEC continues this exciting new chapter.

Dave Gardner, K3 Deal Advisory