We've found a small (£400k EBITDA) energy and procurement advisory with 20 FTEs. Founder is retiring and it needs a new CEO.
We will acquire a majority stake at 3-4x and intend to put more capital into it - contingent on finding the right person to run it. The founder will stay involved for a two year transition (and is keen to retain a significant slice of equity). We think it is unique because:
- It is a well known brand
- Has 800 SME customers; mostly recurring revenue
- Tailwinds in the sector and prospect to expand into carbon reporting and real asset (building) optimisation
It feels like a Search deal more than one for us so am keen to explore a partnership with a self-funded Searcher.
Seeking a UK Searcher with energy and procurement experience
by an investor from INSEAD
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We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
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