Analysts
Company Descriptions
EARNZ, launched in 2024 by the highly experienced team behind Mears and Sureserve, has embarked on a ‘buy and build’ strategy to improve the energy efficiency of UK homes and commercial buildings, backed by massive government support. The group’s aim is to create a multi-faceted energy services group focused on heating, retrofit, decarbonisation and building services, becoming the partner of choice for building owners, occupiers and public-sector organisations seeking to improve performance, reduce carbon emissions and enhance service delivery.
Investment Summary
Expected market growth is supported by major government support, including the £15bn Warm Homes Plan. Over two-thirds of Britain’s c.5 million social housing dwellings are more than 40 years of age and often of poor quality. The Government aims to decarbonise 50% of public sector buildings by 50% by 2032 and 100% by 2050. Management is highly experienced: Chairman Bob Holt built Mears Group and then chaired Sureserve Group, both national groups dedicated to the improvement of social housing; Group Chief Executive Peter Smith held the same role at Sureserve and CEO Peter Smith. In only five months, the group has acquired five companies and aims to build further critical mass in a highly fragmented sector.
Recent Content
Company Management Team
Peter Smith
Chief Executive Officer
Peter is an accomplished executive, with a particular focus on regulated industries and the support services sector.
Elizabeth Lake
Chief Financial Officer
Elizabeth is an accomplished executive with more than 25 years of finance and commercial experience.