Bhagwan's Loui Kannikoski (L) and Catalyst executive director Aaron Hood.

Catalyst invests in Bhagwan Marine

Geraldton company Bhagwan Marine is planning to expand its oil & gas services business after gaining financial backing from private equity group Catalyst Investment Managers.

Catalyst has acquired a minority interest in Bhagwan, believed to about a 40 per cent shareholding.

Bhagwan, headed by managing director Loui Kannikoski, will use the proceeds to pay down debt and prepare for future growth.


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WA revenue

25th↑Summit Homes GroupNFP
26th↑Galati Group$246.6m
27th↑Bhagwan Marine$145.0m
28th↑Lionel Samson Sadleirs$180.0m
29th↑New Town Toyota$233.9m
104 private companies - large ranked by revenue most recent financial year

Winner 2013

Overall Winner 2013
People's Choice Award: 2013

All Rising Stars winners for 2013

Number of Employees

Private Companies - Large

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