Matrix is a Manchester, UK-based provider of building energy management systems and consultancy services. It operates a UK-wide network of regional offices. The company received £10m in equity funding from LDC, which took a significant minority stake, alongside additional bank funding from HSBC. The investment will allow the company to pursue an acquisition-led strategy backed by LDC to create a market-leading service provider in the £850m energy management sector. Several complementary businesses have been identified and a maiden acquisition is expected within the coming months.

Total raised

$15M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2010