Headquartered in Nottingham, ENSEK is a leading provider of digital transformation services in the energy sector with an innovative billing and customer account management platform, Ignition.
Led by CEO Jon Slade, the business has grown rapidly since its launch in 2010 through continued investment in technology and a commitment to solving the issues faced by existing and new entrants to the UK energy market.
Capitalising on demand for data and analytics
In 2017, we backed Jon and his team in a management buyout of ENSEK with a minority investment.
The investment enabled the business to embark on the next stage of its growth journey, which included a continued focus on product and new proposition development.
With energy suppliers responding to the growing demand for data, ENSEK enhanced its analytics offering as an opportunity for growth.
Having a strategic partner like LDC on board has given us greater firepower both operationally and financially, enabling us to further strengthen our market proposition, while continuing to deliver high quality solutions to both existing and new customers.”
Continued growth
During our partnership the business established successful partnerships, with the likes of Centrica, one of the UK’s largest gas and electricity suppliers to both domestic and business customers.
ENSEK completed the acquisition of NrgFin, a Benelux-based consultancy and data analytics company, to help the business expand into new international territories within Western Europe.
The business also won numerous awards for its growth, including Best Performing Company and Top Performer – Industry Specific Software at the Megabuyte Emerging Stars awards in 2019, and three consecutive years in The Sunday Times Tech Track.
Watch Jon discuss why he took on private equity investment and the impact it has had on his business.
LDC shared our vision and ambition from the outset, and supported us through some fundamental changes in the energy supply market.”
In September 2024, LDC exited its investment in ENSEK to Centrica for an undisclosed amount. The transaction represents a successful investment for LDC.
Awards
Best Performing Company Overall
Megabuyte Emerging Stars Awards 2019
Best Performing Company (Industry Specific Software)
Megabuyte Emerging Stars Awards 2019
The Sunday Times Top Tech Track 100
2018, 2019 & 2020
Northern Tech Awards Top 100
2019
Growth Management Team
National BVCA Management Team Awards 2019