Lyceum-backed McKinnon & Clarke acquires Encore International
Lyceum Capital has acquired risk management specialist Encore International on behalf of platform investment McKinnon & Clarke for £6.25m.
The enlarged business will be renamed M&C Energy Group and expects a £30m consolidated turnover. London-based Encore International was founded in 2001 and provides energy price risk management services to over 150 blue-chip customers, across 16 European countries.
Lyceum had acquired McKinnon & Clarke in January 2010 for £22m, aiming to consolidate the energy consultancy sector.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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