Enterprise plc

Last updated

Enterprise
Company type Private Company
Industry Support Services
Founded2000 in current merged form; 1983 Lancashire Enterprises, 1964 ARM services
Headquarters Farington, Lancashire, England
Key people
Alan Petersen, Chairman
ProductsOutsourced and managed services for local authorities, government departments and utility companies.
Revenue £1,200 million [1]
Number of employees
14,000
Website www.enterprise.plc.uk

Enterprise plc was a support services company originally based in Farington in Lancashire, England. Its core markets were local authorities and utility sectors. It has recently been integrated into Ferrovial's UK company, Amey plc.

Contents

History

The company was established in 2000 by way of a merger between Lancashire Enterprises (founded in 1983) and ARM Services (founded in 1964). [2]

In 2007 a management buyout backed by the 3i investment group took place and the group was removed from the London Stock Exchange. [3] On 21 September 2007 the company acquired the entire stock of Accord plc making it one of the UK's leading companies providing outsourced or partnered services to both the local authority and utilities markets. [4] [5]

On 21 February 2013, Ferrovial, through Ferrovial Services, reached an agreement with international investor 3i to acquire Enterprise, one of the UK's leading providers of services to utilities and the public sector, for a firm value of 385 million pounds (around 443 million euro). [6]

Operations

Public sector

A full range of direct, infrastructure and facilities management services were delivered to local authorities across the UK and Enterprise has built a strong track record in the modernisation and transformation of public services.

The public sector business was focused on the delivery of local authority services through partnership, joint venture arrangements and traditional term contracts. It has relationships with over 60 local authorities. [7]

Enterprise was one of the first private companies to develop a full joint venture company with a local authority Liverpool City Council, 'EnterpriseLiverpool', delivering the full range of street based services throughout the city. Joint and Strategic ventures also exist with, amongst others, Manchester City Council, Liverpool City Council, Peterborough City Council, Wolverhampton City Council, Solihull MBC, City of London Corporation and the London Boroughs of Westminster, Islington, Ealing and Redbridge.

Enterprise Liverpool van on Hanover Street Enterprise Liverpool.jpg
Enterprise Liverpool van on Hanover Street

The company operated throughout the UK with over 100 offices. [8] The Head office was at Lancaster House in Farington near Leyland in Lancashire and key offices were also located in London, Manchester, West Midlands, Gloucester, Peterborough, Liverpool and the South West. The company also had operations and relations with local authorities across Wales and Northern Ireland

Enterprise had two separate joint ventures to provide services on behalf of the Ministry of Defence. [9]

Utilities

Enterprise operated as a facilities and infrastructure service support partner to major utility companies in the water, gas and electricity sectors. Key clients included British Telecom (now known as Openreach), Severn Trent Water, United Utilities, National Grid and UK Power Networks.

In the water industry, Enterprise offered a wide range of services for the repair and maintenance of both the clean and dirty water networks and all related asset and facilities management. Enterprise works with, or has worked with, all the major water companies in the UK.

In the power and electricity sector the company provided network maintenance services throughout the electricity distribution industry across the UK and in the gas sector the company provided mains and service replacements together with asset and facilities management.

Related Research Articles

<span class="mw-page-title-main">Public utility</span> Entity which operates public service infrastructure

A public utility company is an organization that maintains the infrastructure for a public service. Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies.

<span class="mw-page-title-main">3i</span> British multinational private equity and venture capital company

3i Group plc is a British multinational private equity and venture capital company based in London, England. 3i is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">United Utilities</span> British water company

United Utilities Group plc (UU) is the United Kingdom's largest listed water company. It was founded in 1995 as a result of the merger of North West Water and NORWEB. The group manages the regulated water and waste water network in North West England, which includes Cumbria, Greater Manchester, Lancashire, Merseyside, most of Cheshire and a small area of Derbyshire, which have a combined population of more than seven million.

<span class="mw-page-title-main">Farington</span> Human settlement in England

Farington is a village and civil parish in the South Ribble local government district of Lancashire, England. The population of the civil parish at the 2011 census was 6,674.

<span class="mw-page-title-main">Anglian Water Group</span>

AWG plc is a British holding company which is parent to Anglian Water. It was previously listed on the London Stock Exchange, and was a member of the FTSE 250 Index, but it is now owned by the Osprey Consortium. Its headquarters are in Huntingdon, Cambridgeshire.

<span class="mw-page-title-main">Concession (contract)</span> Grant of rights, land or property

A concession or concession agreement is a grant of rights, land, property, or facility by a government, local authority, corporation, individual or other legal entity.

Doxford International is a 125-acre (51 ha) business park located at the A19 / A690 interchange on the outskirts of Sunderland, in the North East of England. Previously it was a greenfield site, it was designated as an Enterprise Zone in 1990 in response to the decline of the area's former ship building and coal mining industries. A partnership between Sunderland City Council and Goodman Property has seen the creation of 1,350,000 sq ft (125,000 m2) of high-specification offices, with the private sector partner investing around £200 million. The first buildings were completed in 1992, providing accommodation for a range of businesses that have played a key role in the regeneration of the City.

<span class="mw-page-title-main">Broadspectrum</span> Australian infrastructure maintenance services company

Broadspectrum, formerly known as Transfield Services, was an Australian and New Zealand company that provided infrastructure maintenance services. Formerly listed on the Australian Securities Exchange, and later owned by Ferrovial, it was then acquired by Ventia who integrated Broadspectrum alongside Visionstream.

<span class="mw-page-title-main">North West Water</span> English water company

North West Water was a water supply, sewage disposal and sewage treatment company serving North West England. It was established as the North West Water Authority in 1973, and became North West Water plc in 1989, as part of the privatisation of the water industry in England and Wales. In 1995, it merged with NORWEB to form United Utilities.

BT Wholesale and Ventures was a division of United Kingdom telecommunications company BT Group that provided voice, broadband, data, hosted communication, managed network and IT services to communications providers (CPs) in Great Britain. It was merged with BT's Business and Public Sector division to form BT Enterprise in October 2018.

<span class="mw-page-title-main">Mouchel</span> UK business services company

Mouchel Group, originally known as L. G. Mouchel & Partners Ltd, was an infrastructure and business services company headquartered in Woking, United Kingdom. It provided advisory, design, project delivery and managed services associated with infrastructure and business services across the highways and transportation, local government, emergency services, property, health, education and utility markets across the world.

<span class="mw-page-title-main">Accord (company)</span>

Accord plc, previously Accord Operations, was a public services provider based in Hertfordshire, England.

<span class="mw-page-title-main">Amey plc</span> United Kingdom-based infrastructure support service provider

Amey plc, previously known as Amey Ltd and Amey Roadstone Construction, is a United Kingdom-based infrastructure support service provider.

<span class="mw-page-title-main">Allan Jones (engineer)</span> British mechanical engineer

Allan Jones MBE, is an engineer who pioneered Combined Heat and Power (CHP), renewable energy and fuel cell systems in the United Kingdom and Australia from 1990 to the present.

<span class="mw-page-title-main">Water supply and sanitation in Zambia</span>

Water supply and sanitation in Zambia is characterized by achievements and challenges. Among the achievements are the creation of regional commercial utilities for urban areas to replace fragmented service provision by local governments; the establishment of a regulatory agency that has substantially improved the availability of information on service provision in urban areas; the establishment of a devolution trust fund to focus donor support on poor peri-urban areas; and an increase in the access to water supply in rural areas.

<span class="mw-page-title-main">EnServe</span> British utility infrastructure services company

EnServe Group Limited is a support services company headquartered in Macclesfield, United Kingdom which provides infrastructure services to the utility sector. Formerly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, it was wholly owned by the private equity company Cinven between 2010 and 2016, when it was bought by Rubicon.

Multi-utility relates to companies offering a wide range of services and/or products. In the business market, this type of service provision usually relates to energy, environmental services, waste issues, infrastructure and/or telecom services. In the consumer market, it often concerns a combined offering of services in the field of energy and digital products and services. Providers like these are also referred to as multi-service providers. So it often concerns services and products in relation to public utilities. Multi-utility has a relation with cross-selling, offering complementary products and services.

Water privatization in Albania was initiated by the Albanian government in the early 2000s with the support of the World Bank and German development cooperation. The stated objective was to improve the quality and efficiency of urban water supply and sanitation. At the time, many households received water only for a few hours every day, utilities were overstaffed, water tariffs were low and many customers did not pay their water bills. There was no single municipal wastewater treatment plant in the country of 3 million, which is among Europe's poorest countries. In 2002-03 three contracts were signed with foreign private operators covering six secondary cities. Water privatization never covered more than a fifth of the country’s population. The contracts expired or were terminated early five years later with few tangible improvements in service quality.

The Manx Utilities Authority is a Statutory Board of the Isle of Man Government which provides utilities for the Isle of Man. It was created in 2014 by the merging of the Manx Electricity Authority with the Isle of Man Water and Sewerage Authority.

References

  1. Sam F. "Mid-year update" (PDF). Enterprise plc.
  2. "History". Enterprise plc.
  3. Enterprise in talks over $947m offer from 3i Reuters
  4. Enterprise plc acquires Accord plc [ dead link ]
  5. "Acquistion[sic] of Accord". Enterprise plc. Archived from the original on 8 December 2015. Retrieved 4 December 2015.
  6. Sam F. "Ferrovial enhances its services business with the acquisition of Enterprise for 385 million pounds (443 million euro)". Enterprise plc.
  7. "Local Government". Enterprise plc.
  8. "Company information". Enterprise plc.
  9. One contract provide the full range of facilities management and FM services; the other provides the full range of housing repair and maintenance services. Carillion, Enterprise win £500m MoD maintenance contract [ dead link ]