enevo builds 'momentum' with Santander deal
A testing and compliance business has secured fresh investment to accelerate its expansion.
enevo, a national provider of built environment TICC (Testing, Inspection, Certification and Compliance) services, has secured a seven-figure revolving credit facility from Santander UK.
Bosses say the funding will support the Birstall firm’s buy-and-build strategy, combining organic growth with acquisitions to expand its footprint nationwide.
Mark Heptonstall, chief executive and founder at enevo, said: “This funding is a pivotal moment in our journey.
“It’s about more than just growth.
“We’re building a business that changes the game in this sector.
“Santander’s backing gives us the platform to accelerate acquisitions, strengthen national reach to better support clients, and bring more brilliant businesses and people into the enevo fold.
“It also helps us realise our vision of becoming one of the largest privately owned built environment TICC companies in the UK.”
Richard Orme, finance director at enevo, added: “Santander UK brings more than funding, they bring experience and momentum.
“Their support gives us the confidence to move quickly and strategically as we scale our platform.”
Andy King, relationship director at Santander UK, added: “We are pleased to be supporting enevo as it expands its UK presence on its journey to become a leader in TICC services.
“We look forward to continuing to work with the team as they grow.”
The investment follows a period of rapid growth for enevo, which recently unified its businesses under a single brand after operating as C80 Group.
Its services cover building control, compliance and safety, offering a fully integrated model for clients across the property and construction industries.
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