
The firm delivers a support service for small to medium-sized business owners, which provides guidance on the most appropriate gas and electricity suppliers for their operations.
The ?4.5m injection comes from private equity investor NVM, which manages a ?200m fund for investments in multiple sectors, at a time when the LES management team had just forged a strategy to grow the business organically over the next five years. LES launched in 2007, capitalising on a 2002 deregulation of the energy market that allowed domestic and non-domestic users to change suppliers at the end of existing tariffs for better deals.? As such, the Bolton-based business claims its ?strong customer service ethos? makes it a natural fit to be a trusted partner of SMEs as they ?navigate the complex world of energy pricing and tariffs?. Read more from the world of investments:- Skills shortages revealed in private equity-backed firms
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