LDC invests in Stroma

The investment will be used to exploit the ever-increasing regulatory requirements in the energy and operational efficiency markets, as well as to introduce new apps.

Debt
The deal was supported with debt finance from RBS.

Company
Founded in 2002 and based in Castleford, Stroma employs 200 people. The business is divided into two divisions: Stroma Certification, which provides training, accreditation and associated software apps used in the UK energy assessment market; and Stroma Technology, which provides regulatory-driven consultancy services relating to building efficiency.

The company counts more than 4,000 clients including SMEs and major utility firms.

Stroma Certification's key app is RSAP+, which is used to submit 100,000 energy-related assessments each month.

People
Matt Ferguson, Rob Coxon and Steve Turner founded Stroma. LDC investment directors Simon Braham and Chris Wright led the deal.

Advisers
Equity – Addleshaw Goddard (Legal); Clearwater Corporate Finance, Paul Jones, Mark Taylor (Corporate finance); Dow Schofield Watts Transaction Services (Financial due diligence).
Company – Altium, Adrian Reed, Chris Hopwood, Tom Battersby (Corporate finance); DWF (Legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• UK / Ireland
• Buyouts
• LDC