EnServe
British utility infrastructure services company
From Wikipedia, the free encyclopedia
EnServe Group Limited (formerly Spice Limited) is a support services company headquartered in Macclesfield, United Kingdom which provides infrastructure services to the utility sector.
| |
| Company type | Limited company |
|---|---|
| Industry | Support services |
| Founded | 1996 |
| Headquarters | Macclesfield, Cheshire, United Kingdom |
Key people | Mark Perkins 2015 to exit (CEO) |
| Revenue | £312.2 million (2008) |
| £24.6 million (2008) | |
| £13.7 million (2008) | |
| Parent | Rubicon |
| Subsidiaries | Subsidiaries
|
| Website | www |
Formerly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, it was wholly owned by the private equity company Cinven between 2010 and 2016, when it was bought by Rubicon and Grovepoint.[1]
History
The company was founded by Simon Rigby in 1996 as a management buy out from Yorkshire Electricity initially trading as Freedom Maintenance.[2] It was first listed on the Alternative Investment Market in 2004.[2] In 2006 it bought Inenco[3] and ParGas[4] and Apollo Heating,[5] in 2007 it purchased Gas Heating UK[6] and in 2008 it acquired Saturn Energy,[3] Energy 2000,[3] British Power International[7] and the National Industrial Fuel Efficiency Service.[8]
The Company transferred to the main list of the London Stock Exchange in 2008.[2] 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]
Rubicon and Grovepoint purchased Enserve Group from Cinven in January 2016.[10]
Operations
The company has the following divisions:
- Electricity
- Water
- Analytics