BG Energy Solutions (BGES) has announced the successful completion of its management buy-out.
Managing director Gareth Barber and senior management colleagues Mike Dauris and Simon Shaw will head up the new management structure. The team of three – who clock up over 45 years’ experience at BGES between them – have ambitious aims to further enhance the company’s offering in terms of its open controls, advanced analytics, energy efficiency services and its technology portfolio.
The management buy-out will also enable the BGES leadership team to exploit new opportunities and markets, and forge strategic partnerships with like-minded companies in the technology and energy efficiency sector.
The South Yorkshire-based business, which has roots dating back to 1995 and offices in London and Sheffield, says it plans to concentrate on organic growth, by executing plans to open new sites and increase its geographical reach, as well as expanding its technology offering. The launch of a new version of its award-winning real-time energy monitoring software VISTA - VISTA 2.0 - aimed at the healthy buildings and human wellbeing market is just one of the innovations planned for late 2019.
Gareth Barber joined the company in 2016 as managing director and has led the company’s strategic direction for the past three years. It was under Gareth’s stewardship that the company has been recognised through multiple industry award wins for its fast-paced growth as well as excellence in the field of building controls.
Mike Dauris has more than 23 years' experience with the company, working most recently in the position of head of projects. Simon Shaw has been part of the BGES business since the age of 19 in the roles of bureau engineer, to project manager and now director. Both men are highly experienced in their field and well-respected for their technical knowledge and project delivery expertise.
Commenting on the management buyout, Gareth Barber said: "We are very proud to announce our ownership of BG Energy Solutions. Together with Mike Dauris, Simon Shaw and our carefully selected funders, we believe we have an excellent opportunity to drive the business forward. The business has grown in the right direction in the last 3 years, and we are now financially in a very good position to drive forward into the new era. We all relish the prospect of further developing the company through innovation and positive change. The next stage in our journey promises to be an exciting and immensely rewarding journey for ourselves, our staff, our suppliers and customers alike.”
“I would also like to thank the original co-founders of BGES, Duncan Biggins and Steve Gunn for all their support over the years, and we wish them all the best in their new ventures.”