Eversheds has advised the home improvement group entu (UK) plc, on its successful admission to AIM.

Entu provides energy efficiency products and services to homeowners in the UK. The IPO values the business at £65.6m.

The Eversheds team was led by partner Simon Masters and Senior Associate Nicola Brookes and assisted by Associate Helen Yeung and a wider Eversheds team.

Simon commented:

“This is an exciting time for entu as they progress to the next stage in their journey. It has been a pleasure to work alongside the entu team and we wish them every success as they continue to prosper and expand operations.”

Ian Blackhurst, CEO of entu, said:

“I am delighted at the level of institutional support we have received. In a highly fragmented market, we believe entu is unique. We are a fully integrated home improvements and energy efficiency business with a UK-wide reach. We see exciting opportunities to grow, by developing our product offering and leveraging our unified brand and website – and so bringing more choice and benefits for our customers.

“I’d like to thank Simon and Nicola and the Eversheds team. They have provided first class advice and support throughout the entire IPO process and I look forward to continuing to work with them as we enter this new and exciting phase of our story.”