Seeking a UK Searcher with energy and procurement experience

investor profile

September 15, 2024

by an investor from INSEAD in London, UK

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.

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Reply by a searcher
in London, UK
Hi ^redacted‌, happy to have a look. Shall we have a chat tomorrow if available?
I do have some Energy (Wind) experience
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Reply by a searcher
from Cranfield University in St John's Hill, London SW11 2QP, UK
^redacted‌ - im happy to chat, I’ve got 10 years experience in energy and 15 years experience in procurement.
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