Foresight Group (Foresight), a leading regional private equity and infrastructure investment manager, has made a significant minority investment in Northern Ireland’s TES Group (TES), a manufacturer and distributor of high-performance power distribution and monitoring systems.
TES was founded in 1999, by Brian Taylor, CEO, and Noel McCracken, Managing Director, to provide water and power technology engineering expertise, specialising in critical infrastructure markets.
Since its inception, TES has grown rapidly, becoming recognised as one of the fastest growing companies in the UK and Ireland. The group services clients throughout the UK, Ireland, Europe, and internationally, from its office and manufacturing facility in Cookstown, County Tyrone and via the TES Power Data Centre campus in County Derry. This new facility was launched by TES in 2022, to provide over 300,000 sq ft of additional manufacturing capacity, helping to meet increased global demand for its products and services.
As part of the investment, James Peacock has been appointed as the new Chair of TES. Peacock brings vast experience of growing businesses operating within critical infrastructure, with over 20 years of experience as a Managing Director and CEO at some of the fastest growing companies within the UK. As part of his new role with TES, Peacock will oversee the strategic direction of the company and support the executive team as they seek to accelerate growth.
