[ad_1]
Bowmark Capital, the private equity investor, has backed the buy-out of Cornwall Insight, a leading provider of research, data and analysis to the energy sector.
Cornwall Insight’s publications, analysis and consulting services enable its customers to understand complex policy change; ensure regulatory compliance; value their assets; and enhance their investment strategies. The company has over 400 customers across the energy sector including investors, generators, suppliers, brokers, governments and corporates.
With most countries committed to net zero by 2050, the global energy system will undergo a complete transformation requiring unprecedented investment levels. This is expected to drive strong demand for Cornwall’s services as new and existing industry participants navigate these changes and assess new investment opportunities.
Led by chief executive Gareth Miller, Cornwall Insight has delivered annual revenue growth of over 20%, driven by its expanding customer base and the development of products and services in new areas of the energy market, such as the fast-growing battery storage sector. The company is also expanding internationally and has recently commenced operations in Ireland and Australia.
Bowmark partner Roy Mani commented: “We have followed Cornwall Insight for several years and are impressed by its growth and development under the leadership of Gareth and his team. The quality of Cornwall’s products and services is widely recognised across the energy industry, and we look forward to supporting the company as it helps its customers navigate the global transition to net zero.”
Gareth Miller said: “Bowmark’s deep understanding of our sector and its grasp of what we are seeking to achieve strategically and culturally made it a natural partner for our business as we seek to accelerate our growth. They bring significant experience of partnering with growing businesses and we are really looking forward to what we will achieve together.”
[ad_2]
Source link
0 Comments