Solfex Ltd.
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Solfex Ltd. - overview
Established
2006
Location
Preston, Lancashire, UK
Primary Industry
Renewable Energy
About
Solfex Ltd. is a UK-based company that specializes in renewable energy solutions, focusing on enhancing energy efficiency and supporting the transition to a net-zero carbon future. Founded in 2006 and headquartered in Preston, UK, Solfex Ltd. provides innovative renewable energy solutions.
In January 2013, it was acquired by Travis Perkins for GBP 30 million, marking a strategic pivot in its operations. The company has completed a total of 2 deals since its inception. Solfex Ltd. offers a comprehensive range of renewable energy solutions, including solar panels, air source heat pumps, electric vehicle charging solutions, underfloor heating systems, and solar thermal products.
These offerings cater to both residential and commercial clients, aimed at reducing carbon footprints and energy costs while supporting the UK's transition to renewable energy. In the most recent financial year of 2023, Solfex Ltd. reported a revenue of GBP 1,727,079,540. 40 and an EBITDA of GBP 73,018,992.
40, reflecting its strong market presence and operational efficiency in the renewable energy sector. Solfex Ltd. plans to enhance its product lineup with innovative renewable energy technologies aimed for launch by the end of 2024. The company is also seeking to expand its market reach into Europe and North America by 2025.
The capital raised from the GBP 30 million acquisition by Travis Perkins will be utilized to support these strategic initiatives, emphasizing product development and geographic expansion.
Primary Industry
Renewable Energy
Sub Industries
Electric Utilities, Solar Power, Heating, Cooling & Ventilation Equipment and Services
Website
www.solfex.co.uk
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Solfex Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Solfex Ltd. | - | ||||||||
| Growth | Completed | Solfex Ltd. | - |
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