Professional Services
FRP Advisory
Full Credential Description
In December 2022, YFM Equity Partners made a significant investment in Think Hire, a business within the Think Energy Group that specializes in relocatable renewable power solutions. This investment was aimed at facilitating the next phase of Think Hire's development, which includes expanding its asset hire fleet, enhancing its distribution network across the UK, and increasing investment in the development of new products and services to assist clients in achieving their net zero goals.
Think Hire, established in 2018, has demonstrated impressive growth, doubling its revenues year-on-year since 2020. The company was created to help the construction sector improve its environmental performance amid the climate crisis. With a current workforce of 20, Think Hire plans to expand nationally in the coming years. The tailored solution provided by YFM, advised by we Corporate Finance, involved a strategic investment that aligns with the growing demand for cleaner and more cost-effective off-grid power generation in the UK infrastructure sector.
The investment from YFM, typically ranging between £2 million and £10 million, is expected to unlock Think Hire's full potential, capitalizing on the strong government commitment to future investments in green energy. This strategic alignment with the infrastructure sector and the innovative, sustainable product offerings of Think Hire position the company as a differentiated player in the green power market, making it an attractive investment opportunity.