Michael Buchan, CFO
Michael is a graduate of Aberdeen University and a Chartered Accountant. He has worked in the Energy industry for over 25 years, living and working in many different parts of the world. In 2003, he was part of the MBO of PSL Energy services.
In the following 4 years he helped internationalise the business and increased revenue and profit fourfold – successfully exited in 2007, delivering excellent returns for PE and all shareholders. Michael went on to co-found the EnerMech Group which, from a start up in NE Scotland, went on to become an international engineering services provider to the Energy, Infrastructure and Power generation sectors.
At the time of exit in 2018, EnerMech had revenues in excess of £400M and EBITDA of over £45M