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UK-based energy services provider Energys Group files for a $15 million US IPO

December 8, 2023
EGYS.RC

Energys Group, a UK-based provider of energy-saving products and services, filed on Friday with the SEC to raise up to $15 million in an initial public offering.

Energys is an energy service company based in the UK that principally provides end-to-end customized solutions and services that involve retrofitting existing infrastructures. The company provides LED lighting systems and turnkey project implementation, including installation and commissioning of fixtures, controls, and IoT systems, as well as ongoing system maintenance and program management primarily within the UK.

The Billingshurst, UK-based company was founded in 1998 and booked $8 million in revenue for the 12 months ended June 30, 2023. It plans to list on the Nasdaq but has not selected a symbol yet (RC ticker: EGYS.RC). Energys Group filed confidentially on April 25, 2023. Joseph Stone Capital is the sole bookrunner on the deal. No pricing terms were disclosed.