Dale Power Solutions

Dale Power specialise in UPS, Energy Storage, Generators & Service. Delivering 24/7/365 critical power supply solutions to all industry sectors

Nature of business

Dale Power provides its customers with systems that ensures reliable secure power for applications where power is critical.

Description of deal

NVM invested £9 million for a majority stake in the management buyout of Dale Power Solutions in February 2018

News

Headquartered in Scarborough, Dale employs more than 270 people across the UK, including a nationwide team of more than 70 service engineers. Dale has a rich history in the power market and can trace its roots back more than 80 years to 1935.  With its strong brand reputation based on technical excellence, design capability and high quality service back up, the business has built up an impressive list of global blue-chip clients including NEC, Siemens, National Grid, ISG, Mitie, Northern Power Grid, Vodafone and Thames Water, who trust business critical operations to Dale.

Tim Wilkins, Dale’s CEO, is an experienced industry professional who has more than 30 years experience in the power sector.  Tim has deep sector knowledge and has built a strong operational team at Dale who have driven impressive profit growth in the business over the last three years.  The executive team is complemented by Chairman, Denzil Lee, who will continue in the role following the MBO.  He has a long track record of success, working in both corporate and private equity backed businesses and has been instrumental in driving the strategic direction of the business in recent years.

The deal was led for NVM by Investment Partners James Arrowsmith and Mauro Biagioni.  James will join the board as a Non-Executive Director with immediate effect.

“The team at Dale is excited with the new opportunity of working with NVM to further develop our core business and exploit the significant opportunities in the new and fast developing energy storage sector. NVM throughout the process have worked closely with the team to understand the business and we have already developed an excellent working relationship which will help us greatly in exploiting the business opportunities.”

Denzil Lee, Executive Chairman of Dale Power Solutions