MBO for energy business
BG Energy Solutions (BGES) has announced the completion of its management buy-out.
Managing director Gareth Barber and senior management colleagues Mike Dauris and Simon Shaw will head up the new management structure.
The team has ambitious aims to further enhance the company’s offering in terms of its open controls, advanced analytics, energy efficiency services and its technology portfolio.
The management buy-out will also enable the BGES leadership team to exploit opportunities and markets and forge partnerships with companies in the technology and energy efficiency sector.
The South Yorkshire-based business, which also has an office in London, says it plans to concentrate on organic growth through plans to open new sites and increase its geographical reach, as well as expanding its technology offering.
Barber said: “We are very proud to announce our ownership of BG Energy Solutions. Together with Mike Dauris, Simon Shaw and our carefully selected funders, we believe we have an excellent opportunity to drive the business forward.
“The business has grown in the right direction in the last three years, and we are now financially in a very good position to drive forward into the new era. We all relish the prospect of further developing the company through innovation and positive change. The next stage in our journey promises to be an exciting and immensely rewarding journey for ourselves, our staff, our suppliers and customers alike.
“I would also like to thank the original co-founders of BGES, Duncan Biggins and Steve Gunn for all their support over the years, and we wish them all the best in their new ventures.”
