4energy group Press Release – July 2017
Newly established 4energy group to provide the very best in building energy management services, maintenance, analytics and financing
4energy group has been formed by two of the directors of System Five, a highly respected BEMS company, founded in 2004, and Dave Woodhams, ex of DWEC. Their aim is to build a national organisation capable of providing a range of services from traditional contracting and maintenance services to analytics and flexible financial solutions.
To enable the creation of 4energy group, System Five recently went through an MBO / BI which allowed three directors to take a step back whilst allowing Phillip Bray and Terry Bottle to take the business forward alongside Dave Woodhams.
As well as Terry, Dave and Phillip, Lindsay Rhodin also joins the team as a non-executive director. Lindsay has a wealth of experience in the financial sector having worked on Wall Street and in The City for many years as well as being responsible for building and financing many businesses.
Although based in the South East, the new organisation intends to execute a buy and build strategy and already has offices planned for the Midlands and Scotland.
Dave Woodhams, a Director of 4energy group comments:
The 4energy group was formed to use the power of analytics to allow us to fully understand and minimise our client’s energy usage along with its associated cost and carbon footprint. Our ability to understand a client’s energy use, along with our capabilities in project delivery and maintenance coupled with the financial solutions that we can offer, really does mean that there is now no barrier to a client who requires either a completely new system or wishes to optimise an existing one. We are feeling very confident about the future as we are already on a path of rapid growth, having doubled our turnover compared with 12 months ago.''
The creation of 4energy group has been supported by Shawbrook Bank which has allowed the purchase of the outgoing System Five directors’ shares together with additional working capital headroom for growth.
Andrew Rutherford, Regional Managing Director London, Thames Valley & South at Shawbrook Bank, comments:
We are delighted to support the management team with this initial Buy In Management Buy Out transaction and to support the first stage of a strategic platform for 4energy group. The group has a fantastic customer base and engineering excellence at its core. With a focus on innovation and a continuous supply of working capital, the business is well placed to capitalise on its expansion strategy.''