EnServe

From Wikipedia, the free encyclopedia
Jump to: navigation, search
EnServe Group Limited
Type Limited company
Industry Support services
Founded 1996
Headquarters Macclesfield, Cheshire, United Kingdom
Key people Sir Roy Gardner
(Chairman)
David Owens
(CEO)
Revenue £312.2 million (2008)
Operating income £24.6 million (2008)
Net income £13.7 million (2008)
Parent Cinven
Subsidiaries British Power International
Website [1]

EnServe Group Limited (formerly Spice Limited) is a support services company headquartered in Macclesfield, United Kingdom which provides infrastructure services to the utility sector. Formerly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, it has been wholly owned by the private equity company Cinven since 2010.

History[edit]

The Company was founded by Simon Rigby in 1996 as a management buy out from Yorkshire Electricity initially trading as Freedom Maintenance.[1] It was first listed on the Alternative Investment Market in 2004.[1] In 2006 it bought Inenco[2] and ParGas[3] and Apollo Heating,[4] in 2007 it purchased Gas Heating UK[5] and in 2008 it acquired Saturn Energy,[2] Energy 2000,[2] British Power International [6] and the National Industrial Fuel Efficiency Service.[7] The Company transferred to the main list of the London Stock Exchange in 2008.[1] Acquisition of British Power International also took place in 2008.[8] Spice plc was unlisted in December 2010 after a buyout by European investment group Cinven and renamed as Spice ltd. In September 2011 Spice Limited was renamed EnServe Group Limited.[9]

Operations[edit]

The Company has the following divisions:

  • Energy
  • Billing
  • Electricity
  • Water
  • Analytics

References[edit]

External links[edit]