£100,000 debt investment from Finance Wales puts SCS Group in control of its expansion

Saving energy costs is high on most companies’ agenda these days and a Caerphilly-based energy management specialist is set to expand thanks to growing demand for its systems and services. A £100,000 debt investment from Finance Wales will fund SCS Group’s expansion.

A UK leader in building management, smoke control and ventilation systems, the Group provides a complete design, installation and maintenance service. It has installed thousands of systems nationwide since it was established in 1992, including the ventilation system for the London 2012 Velodrome.

2009 saw the Group move into Building Energy Management Systems, providing a complete design, installation and maintenance service. Integrated energy management systems have proved popular with clients enabling them to achieve even greater savings and efficiencies.

“The construction industry has changed enormously in the last 30 years, particularly when it comes to energy efficiency legislation.  In this time we’ve expanded throughout the UK, diversified and developed our expertise. Our aim has always been to continue providing our clients with the best possible service and stay ahead of the competition,” explained SCS Group’s Managing Director, Allan Meek.

SCS Group is now an established brand with operations throughout the UK and is well placed to increase its market share. It plans to use Finance Wales’ investment to scale-up its operations as well as to collaborate with new suppliers to drive down costs.

“We’ve developed our business model and reduced our cost base over the years as our market has changed. We now have some ambitious plans to scale-up our operations so we can target a wider range of high-value contracts. We’re in the business of saving money for our clients, so it’s important we invest in improving our service and delivering the best value for them,” Meek continued.

‘Green’ legislation, energy cost inflation and an increased focus on energy efficiency have all increased demand for the Group’s services in recent years. It now targets a potential market currently estimated to be valued at around £1.3 billion.

“SCS Group is a well-established business with an impressive client base throughout the UK.  Thanks to the management team’s determination and long-term focus the Group now has a valuable competitive advantage.  Continued expansion is now pivotal if the company is to take advantage of the growing market opportunities on offer, including securing some larger clients,” commented Sam Macalister-Smith, the investment executive who completed the deal. “Finance Wales’ investment will enable the Group to fund its expansion plans fully. The management team can now focus on implementing them effectively knowing that they have the right financial backing from a committed investor.”

Aside from the London 2012 Olympic Velodrome, SCS Group’s recent installations have included a range of commercial and residential clients include the University of Sussex, Westfield Shopping Centre, Greenwich Peninsula, the Crossharbour development at London’s Canary Wharf and Cwmbran Magistrates’ Court. Finance Wales has invested in numerous established businesses like the SCS Group as Macalister-Smith explained: “Established businesses are often used to thinking long-term and adapting their business models to exploit profitable new opportunities. Often, the right investment can help them unlock their true potential.”

Mark Jones, a director at Broomfield & Alexander said: “Broomfield & Alexander are pleased to have assisted SCS Group once again in obtaining funding for their continuing expansion.”