Grant Thornton advises Chartwell Group Chartwell Group has been sold to Albireo Energy LLC

April 2021
Chartwell Group
Albireo Energy
Adviser to Chartwell Group on their sale to Albireo Energy
£undisclosed
Grant Thornton team
  • Usman Malik
    Usman Malik
    Head of Business services, Corporate Finance Advisory
Energy and natural resources
Sell side
Corporate finance
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We are delighted to have advised Chartwell Group on their sale to Albireo Energy LLC.

Chartwell is a specialist integrator in the dynamic energy management environment recognised as the preferred partner within the data centre market. Chartwell delivers a holistic, whole-life service provision encompassing installation, maintenance, support, and data-driven analytics to optimise clients’ mission-critical assets. Growing in partnership with cloud hyperscalers and colocation data centre providers, Chartwell has delivered over 60 data centre projects across Europe.  

Our corporate finance led negotiations with Albireo Energy and were pivotal in the transaction structure, financial modelling, and involved in drafting the SPA through to completion. 

Our extensive sector expertise in the industry and strong knowledge of the international market allowed us to target a shortlist of buyers, identifying Albireo Energy as a strategic partner to mark a new chapter for Chartwell. Through our knowledge of the market we were able to optimally position the business, adding value to the process by understanding the key drivers of value, and managing conversations and negotiations. 

Our experience in deal structuring allowed us to work effectively and efficiently, successfully navigating through to completion within three months of signing heads of terms. 

Testimonial

The Grant Thornton corporate finance team managed a tight, structured process delivering an outstanding result for the shareholders and management team. Their knowledge of the BEMS industry and key value drivers, together with a clear strategic view of how best to deliver the shareholders' objectives was apparent throughout. Their extensive knowledge and relationships with international buyers culminated into the sale to US-based Albireo Energy and marks a new exciting chapter for the team. We would happily recommend the lead advisory services of the team.

Paul Coker Managing Director & Founder, Chartwell Group

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