A private equity-backed management buyout gave Fidelity Energy the capital and strategic support to pursue accelerated growth across the UK and Europe.
The client
Fidelity Energy is an energy advisory business that has grown rapidly over the last decade. As the business reached a new stage of maturity, the shareholders considered a range of strategic options, including trade and private equity routes.
Blixt Group invested in the business through a management buyout structure, allowing some shareholders to exit while enabling management to continue leading the company with ambitious growth plans.
What we did
Knight Corporate Finance, now part of K3 Deal Advisory, advised the shareholders of Fidelity Energy on the transaction.
The team worked closely with the shareholders to understand their respective objectives before launching a process, then ran a competitive exercise that generated strong interest from private equity investors and trade buyers. Blixt was selected on the strength of its scale-up experience, value creation strategy and deal structure.
The outcome
The investment gives Fidelity Energy the platform to accelerate organic growth, pursue acquisitions and broaden its service offering across energy, net zero and sustainability advisory.
This deal gives the business access to investment that will be channelled into growth for the benefit of all stakeholders, while allowing management to continue leading the company.
John Haw said
This was a strong example of a transaction shaped around shareholder aspirations and management ambition, resulting in a private equity outcome that aligned well with the future vision for the business.
Adam Zoldan added
