As soon as we started our partnership with LDC, the Value Creation Partners worked quickly to help us grow our customer base though the LDC portfolio. We are also benefiting from services provided by other portfolio businesses.”
Leveraging LDC’s network
As well as financial support, we have made strategic introductions for the company to several of our 90-strong portfolio, identifying and capitalising on the many opportunities for SMEs to make energy savings at the same time as growing Love Energy’s customer base.
Also as part of the deal, Steve Weller joined the board as Non-Executive Chairman in 2018.
Weller has more than 10 years’ experience driving growth at technology-led businesses and was CEO of the energy switching service uSwitch until 2018, where he worked closely with LDC during its support of the business.
Our partnership with Love Energy won Deal of the Year (£10m – £50m) at the 2019 North West Dealmaker Awards.
Following the business’ introduction of a flexible working policy in 2021, the business announced it had seen a 156% in the number of female starters over the following 12 months.
Expansion of brand offering
Love have also expanded their offering with additional brands to make business utilities as simple as possible for UK businesses with three of the key ones being Business Electricity Prices, Business Energy and British Business Energy.
In LDC we have a partner that not only provides the financial backing we need to turbocharge growth, but one with a strong track record of driving growth at technology-led businesses in the energy sector.”
Team of the Year
Finance Awards North West 2023
Business Masters Awards Fast Growth
The Sunday Times Tech Track 100
TECLA Awesome Place to Work
Deal of the Year (£10m – £50m)
Love Energy – Insider North West Dealmakers