The team has been named mid-market private equity-backed management team of the year, as part of the BVCA Management Team Awards 2015. The awards recognise those who have made an outstanding contribution to the growth and development of their company.
Reading-based energy efficiency solutions provider, Anesco, works with businesses, local authorities, housing associations and homeowners to reduce their carbon emissions. The company is recognised by Sunday Times Fast Track as the UK’s fastest growing private company, achieving growth of 375% in its latest three years.
In the last financial year, Anesco increased sales by a further 50%, generating a turnover of £160.2million and an EBITDA of £21million. The company’s workforce has also grown to in excess of 150 permanent members of staff, with up to 600 contractors and 103 supply chain partners and logistics staff employed at any one time.
CEO of Anesco, Adrian Pike, said: “As a company, Anesco continues to grow and to drive the energy efficiency sector forward, exceeding all expectations. This is down to our focus on innovation, our strong relationship with customers and suppliers and the expert team we have pulled together. Winning the title of management team of the year twice was an amazing achievement but to retain the title for a third time is just phenomenal.”
Ian Moore, partner at CBPE Capital, said: “We’re delighted the team at Anesco has again been recognised on a national stage for their dedication, hard work and outstanding achievements. The team continues to deliver amazing results and this award is really well deserved.”
The British Private Equity & Venture Capital Association (BVCA) is the industry body and public policy advocate for the private equity and venture capital industry in the UK. The BVCA Awards, produced in partnership with Clearwater Corporate Finance, are a year-long process of nominations and judging established to celebrate the achievements of private equity and venture capital-backed companies. For more details visit www.bvca.co.uk.