Eight Advisory supported Sureserve Group in its acquisition of Low Carbon Exchange Limited (LCX)

Eight Advisory provided buyside financial and tax due diligence to Cap10 portfolio company, Sureserve Group, as part of the transaction
Sureserve, one of the UK’s leading energy and compliance services providers, delivers a quality range of essential and affordable heating, renewables, energy savings and compliance solutions to social housing and the public sector including a number of Local Authorities and housing associations across the UK.
LCX, the largest renewables provider in the South West, is a market leader in providing installation and maintenance services for renewable energy solutions with expertise across solar PV, air source heat pumps (ASHPs), and whole house retrofits.
LCX has grown to revenues of £29 million and will increase Sureserve’s geographic coverage, as well as deepening its service offering.
Eight Advisory team members supporting this transaction:
- Financial due diligence: Rupert Templeman (Partner), James Wallace (Director), Jamie Elder (Manager), James Pardon (Senior)
- Tax due diligence : Caley Mogg (Partner), Michael Hackley (Senior Manager), Grace Murphy (Senior)