KBS Corporate Advises on Sale of GoEco Renewables Limited
GoEco Renewables Limited specialises in the installation of renewable energy technologies in homes and businesses, aiming to deliver efficient and sustainable alternatives to traditional energy provision. The company was established in 2016 and has experienced rapid growth, trebling its year one profits over the first three years of operations. This is due in part to GoEco Renewables Limited’s excellent reputation, which sees most clients providing repeat business. The company has seen high levels of success, having been nominated and winning multiple awards including Yorkshire STARS Awards Construction Apprentice of the Year 2018, and Yorkshire Choice Awards Business of the Year 2019.
Christopher Delaney and John Gilham, the shareholders of GoEco Renewables Limited, instructed KBS Corporate with the sale of their business in order to pursue further growth. During initial discussions it became clear that finding a buyer with experience and was the right fit for the business was vital, due to Christopher Delaney and John Gilham remaining with the business post completion.
KBS Corporate then implemented a research strategy with a heavy focus on UK trade and financial buyers. This enabled KBS Corporate to identify over 20 interested parties. The successful offer came from Ansor Ventures and marks their third acquisition via KBS Corporate in 2020.
Tom Eatough, KBS Corporate Finance Associate Corporate Director, advised GoEco Renewables Limited throughout the process.