Enserve Group completes energy division sale for £140m

Energy broker Inenco is planning “a series of national and international acquisitions” as it completed its sale worth around £140 million today. The energy division of Cinven-backed infrastructure services provider Enserve Group, Inenco has been sold to funds managed by private equity firm Vitruvian Partners and Intermediate Capital Group. Chief Executive Michael Abbott said: “Vitruvian […]

Enserve Group sells energy division Inenco

Lancashire-based energy broker Inenco Group has been sold to funds managed by private equity firm Vitruvian Partners and Intermediate Capital Group for an undisclosed sum. Inenco, which provides energy procurement and risk management services for more than 9,000 customers, is the energy division of infrastructure services provider Enserve Group, which is owned by Cinven. Cinven […]