Houston, TX, July 2013 – SCF is pleased to announce that it has joined forces with Australia-based Viburnum Fund to invest in Jacks Winches Pty Limited, of Welshpool, Australia.
Jacks Winches, a rental provider of a comprehensive range of diesel, hydraulic, and air powered winches, has been serving the oil and gas, mining, and telecom industries in Australia, Singapore, Malaysia and New Zealand for more than twelve years.
Jacks Winches additionally provides equipment sales for winches and jacking equipment and testing, certification and spooling services.
Andy Waite, Managing Director at SCF, commented, “SCF is pleased to team up with Viburnum and to have the opportunity to work with Jack’s capable Management Team, Kevin Griffiths, Val Baxter and Deric Won. We are also fortunate that Keith Lucas will remain as a Director and shareholder of the company.” Jacks Winches represents SCF’s fourth investment in Australasia over the last eighteen months.