Investor: Future Business Partnership
A multimillion-pound deal has been announced to support the management buyout of Bristol-based energy efficiency specialist Best.Energy. The deal, which is backed by a £6.25m funding package from OakNorth, will enable Best.Energy to expand its operations and increase its impact in the energy efficiency sector. Summary of transaction details: Value: £6.25m Sector: Industrials & Energy Advisor: None Key Entities: Best.Energy, Future Business Partnership, OakNorth Location: Bristol, UK Note: The deal is expected to support the growth of Best.Energy, which provides energy efficiency solutions to multi-site organisations. The company's proprietary IoT hardware, cloud software, and AI-enabled services help reduce energy consumption.
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