Vickers Electronics Receives £7.2M Investment

Funding Rounds

▤ Summary

Vickers Electronics Limited, a Manchester, UK-based company that designs, installs and maintains energy management systems which regulate temperature in large commercial premises, has received a £7.2m investment. Investors including venture and growth capital fund manager EV, PHD Equity Partners LLP and Yorkshire Bank Corporate & Structured Finance have backed a management buy-out of the company. With the transaction, the current management team, led by David and Alison Hilton, is joined by incoming Chairman, Ian Cameron. Vickers plans to increase the rate of development of new products, and expand in new markets. Founded in 1991, the company designs and installs energy management systems which regulate temperature in commercial premises with open areas such as warehouses and factories.

$ Funding

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Amount $11.8M Total raised
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Date July 28, 2011 Announcement date
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Investors PHD Equity Partners Lead investors
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Company http://www.vickers-energy.co.uk Funded company

▥ Classifications

industries
Energy & Natural Resources
applications
Web and Content Management

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