About the company
Vickers, which was founded in 1991, is based in Trafford Park. It designs, installs and maintains energy management systems which regulate temperature in large commercial premises; typically with open areas such as warehouses and factories. The company’s clients, which currently include Stagecoach, Magnet and Boots, are guaranteed savings on their heating bills and on average achieve reductions of over 40 per cent.
Type of InvestmentManagement Buy Out
Date of InvestmentJuly 2011
Vickers has grown steadily over recent years and produced increasing EBITDA. It is a high margin business due to its proprietary product and it is typically very cash generative. With ever increasing energy costs and pressure for companies to be as green as possible the business is ideally placed to grow in a market which currently has little competition. There are growth opportunities both geographically in the UK and within existing and new customer sectors. Key factors influencing our investment decision which included the proven management team, great market dynamics and strong growth momentum.
- Craig Richardson
Craig has over 20 years’ experience advising SME’s in M&A, including private equity experience. He joined KPMG Corporate Finance in 1996 after spending three years undertaking due diligence post qualifying as a chartered accountant with KPMG in 1992. Craig joined in May 2006 after spending two years at a provincial accountancy firm establishing a corporate… continued »