Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 19-07-2013 | Practice Area: | Corporate and M&A |
| Deal Title: | Cinven/Enserve sale of Inenco | Industry: | Support Services |
| Description: |
International law firm Clifford Chance is advising Cinven and its portfolio company, Enserve on the sale of Inenco, the energy division of EnServe, to Vitruvian Partners, its management team and Intermediate Capital Group Plc. EnServe, the energy and utility outsourcing business, was acquired by Cinven in a public to private transaction in 2010 when it was known as Spice PLC.
Inenco is the UK market leader in strategic energy management procurement and risk management services with over 9,000 clients including corporate, public sector and SME customers. Its services are provided through three specialised brands Inenco, Inenco Direct and NIFES.
The Clifford Chance team was led by Corporate Partner Jonny Myers with support from senior associate Christopher Sullivan and associate Charlotte Clarke. Tax partner David Harkness and senior associate Lisa Barningham advised on the tax aspects of the transaction.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Vendor | Law Firm | Clifford Chance |
| Target Company Jurisdiction | United Kingdom | Acquiror Jurisdiction | United Kingdom |
| Classification: |
Financial Buyer Acquisitions Secondary Buy-Out |
Lawyer | Jonny Myers |
