An investment boost from PE firm Blixt Group has accelerated Fidelity Energy's expansion ambitions into a new trajectory as the firm seeks to drive organic growth supported by acquisitions across the UK and Europe.
The funding will also enable Fidelity Energy to augment its service offering to a wider range of energy, net zero and sustainability advisory services.
The company will continue to be led by CEO John Haw and Sales Director Sean Dixon, supported by Chairperson Guil Hastings and Non-Executive Director Kevan Walsh.
Haw stated: “Since being founded nearly 10 years ago Fidelity Energy has grown rapidly and with this investment we are further developing our service offering to partners and customers.
“Blixt brings strategic expertise and the addition of Guil and Kevan to the team will significantly strengthen our leadership given their experience in business scale-up and energy brokerage.”
London headquartered Blixt operates across Europe and has access to over 250m euros of committed long-term institutional investor funding. It has particular expertise in professional and advisory services with growing platforms in insurance broking, legal, accounting and wealth management.
Blixt CEO Carl Harring added: “We have worked closely with Fidelity over recent months and look forward to a partnership that takes Fidelity to the next level of growth, addressing the ever-evolving energy market with an increased focus on efficiency and sustainability.”
The shareholders of Fidelity Energy were advised by Knight Corporate Finance.