SGS is a well-established distributor of welding gases to garages and agricultural users throughout the UK, which pioneered a disruptive charging structure compared to the major gas suppliers, providing a much improved service to its customers.

Ruffena Capital led a successful fundraising of £4million to purchase the shares of two outgoing shareholders in SGS. The strong cash flow of the business enabled the transaction to be completed using a loan facility and cash already in the business, enabling the founder to own 100% of his own business.

The business has subsequently successfully commenced operations in Spain, as it continues to grow.