Edinburgh office-equipment business acquired by Glasgow investment group
- By editor
- 11 minutes ago
- 1 min read
Welgo Office Equipment has been acquired by investment group, tbh Ventures.
Edinburgh-based Welgo was started in 1969, by current managing director Brian Gordon’s father, Norman.
Under the new ownership, Brian, along with three staff members, will remain with the business, ensuring continuity of expertise and customer service.
He said: “This acquisition marks an exciting new chapter for us at Welgo. I am so proud of what we have built as a family over the last 57 years, and I am confident that with the backing of the team at tbh Ventures, we will be well positioned to expand our services and support even more businesses for years to come.”
The deal follows tbh Ventures’ recent purchase of independent management consultancy, Strategem Scotland, adding to its growing portfolio of established Scottish businesses.
One of the investment group’s first priorities as new owners of Welgo is the opening of a new Edinburgh office for the Welgo team.
Dylan Harper, partner at tbh Ventures, said: “Welgo is a well-respected Scottish business with an impressive legacy and clear commitment to customer service. The acquisition of Welgo reflects our commitment to investing in and supporting well- established Scottish businesses with strong reputations and long-term potential for growth.”
Photography: Andrew Cawley of left-right, Brian Gordon and Dylan Harper