Project Description

SNAPSHOT

Type of Investment: Turnaround/Special Situations
Industry: Mining Services
Initial Investment:  December 2016
Fund: Allegro Fund II
Investment Status: Current
Website: www.jswaustralia.com
Contact: Adrian Loader
Jeffrey Largier

BUSINESS OVERVIEW

JSW is a leading Western Australian production drilling company with Tier 1 customers across commodities including iron ore, gold and bauxite.

In December 2016, Allegro acquired JSW out of the administration of Hughes Drilling. Allegro is represented on the board of JSW by Adrian Loader (Chairman) and Jeffrey Largier (Director).

JSW was the fifth investment made in Allegro Fund II.