Law firm Stephenson Harwood LLP has advised Bestport Private Equity on its investment in fast growing LED consultancy business Energy Saving Lighting (ESL).
ESL designs, supplies, and installs LED solutions for the healthcare, local authority, education, and commercial sectors. ESL has grown more than 50% in each of the last two years on the back of positive market trends as the government and commercial markets become more focused on the environment and reducing carbon emissions.
Bestport and ThinCats have provided debt and equity funding of £19 million to help support continued growth of ESL.
The Stephenson Harwood team was led by partner Adam Crossley, and included associates Emily Davies and Lydia Zakrzewski.