Calisen
From Wikipedia, the free encyclopedia
 | |
Company type | Privately held company (formerly a Public company) |
|---|---|
| Industry | Energy industry |
| Founded | 2002 |
| Headquarters | , |
Key people | Bert Pijls (Chairman) Sean Latus, (Chief Executive) |
| Products | Energy meters and meter reading services |
| Revenue | £208.8 million (2019)[1] |
| £26.7 million (2019)[1] | |
| £(80.1) million (2019)[1] | |
| Website | www |
Calisen is a British energy company based in Manchester which provides energy meters and meter reading services. It was listed on the London Stock Exchange in February 2020 but acquired by a consortium of private equity funds in March 2021.[2]
The company, which was established as Calvin Capital in 2002, received financial backing from Infracapital in 2007.[3] After being acquired by Kohlberg Kravis Roberts in June 2016, it bought Wigan-based meter installer Lowri Beck in April 2019.[4]
It was the subject of an initial public offering on the London Stock Exchange in January 2020.[5]
In December 2020 the board of the company agreed to recommend to shareholders a takeover offer by a consortium of private equity funds consisting of the Global Energy & Power Infrastructure Fund III, Nineteenth Investment Company and various funds managed by Goldman Sachs.[6] The transaction was completed in March 2021.[2]