
Back real businesses, run by real operators.
We fund acquisitions of profitable, owner-managed UK businesses in HVAC, M&E engineering, Renewable Energy and Construction with investors who want to be business partners, not passive fund investors. A live pipeline of opportunities, equity or debt to suit you, operators in charge, held for the long term.
Confidential. No obligation. Lee replies personally.
The short version
How do investors work with Verdani Capital?
Investors fund specific acquisitions alongside Verdani Capital as business partners. Each opportunity is a named, trading UK business with filed accounts, a real order book and an operator-led management plan. Investors see the business, the numbers and the structure before they commit. We work with investors who want a good return on their money and want to own business assets across our sectors.
We are building a UK HVAC, M&E engineering, Renewable Energy and Construction group towards £100m group revenue at 10%+ net profit by June 2028. We do it one acquisition at a time, buying 40% to 100% of businesses whose founders want a safe pair of hands, and we fund each deal with investors who share the long-term view, alongside the group’s cash flow.
That is a different proposition from a private equity fund. There is no blind pool, no management fee on committed capital and no five-year clock forcing a sale. You back a business you can see, run by people you have met, inside a group that already operates in the sector.
Why this works
What you are actually investing in.
Trade businesses with contracts, engineers, vans and repeat customers. The things that keep earning through a cycle.
Profitable, owner-managed companies with £1m to £80m revenue, three years of accounts and a real order book. No start-ups. Turnarounds only in sectors where we already operate and can put an existing business behind the fix.
Lee and Scott have run and scaled businesses in these exact trades. Value comes from operating them well, not from financial engineering.
You own a share of a real business asset. Founders usually keep equity, and the operators are rewarded on performance. Everyone at the table wins the same way.
We buy to own and run. No forced exit, no flip. Returns come from trading profit, growth and bolt-on acquisition over time.
Sectors
Where the capital goes.
HVAC, mechanical and electrical, Renewable Energy, commercial solar and battery storage, and specialist Construction. Essential trades with long-term demand from the UK’s buildings, energy transition and infrastructure.
HVAC and mechanical & electrical
Maintenance-led revenue, framework positions and an ageing owner base creating a steady flow of well-run businesses looking for succession. Our platform is Rossair, trading since 1973.
Renewable Energy, solar and BESS
Commercial solar, battery storage, heat pumps and energy infrastructure. Structural demand driven by the UK’s net zero commitments. Our platform is Armex Energy.
Construction
Specialist contractors with repeat main-contractor relationships. Our platform is JMC Drywall.
See every company in the group on the portfolio page.
Pipeline
A live pipeline of acquisitions, ready for investors.
Verdani runs a continuous pipeline of acquisition opportunities in HVAC, mechanical and electrical, Renewable Energy, solar and battery storage, and Construction, at every stage from first conversation to heads of terms. Investors are introduced to specific opportunities that match their sector interest, ticket size and preferred structure.
Most of our opportunities come from owners approaching us or from our own outreach, not from broker auctions. That means sensible prices and sellers who have chosen us.
Profitable, owner-managed, three years of accounts, a real team and order book. We do the first filtering so your time goes on businesses worth backing.
Tell us your sector interest, indicative amount and whether you prefer equity, debt or a blend, and we bring you the deals that fit.
Equity, debt or a blend
Structured around your requirements, not ours.
Investors can participate as equity partners, as lenders, or through a blend of the two. We agree the split, the security, the return profile and the reporting on each deal to suit the investor.
| Option | What you hold | How you are paid | Typically suits |
|---|---|---|---|
| Equity | Shares in the acquiring entity or the acquired business alongside Verdani and the founder | Dividends from trading profit and growth in the value of the business, with no forced exit | Investors who want ownership and upside over the long term |
| Debt | A loan to the acquisition, secured and documented by experienced M&A solicitors | A fixed return over an agreed term, with capital repaid from the trading cash flow of the business | Investors who want a defined return and a defined timeline |
| Blend | A loan plus an equity stake, in a split agreed per deal | Fixed income on the loan and a share of the upside on the equity | Investors who want income now and participation in growth |
Every structure is set out in writing before completion, with the same transparency we give sellers on how we buy.
How it works
From first conversation to a completed deal.
A conversation with Lee or Scott
What you are looking for, what you have in mind to invest, which sectors interest you. We tell you what is live and what is coming.
The opportunity, in full
For a specific acquisition you see the business, three years of accounts, the deal structure, the management plan and the terms on which you would invest. Nothing is hidden and nothing is hurried.
Completion and beyond
Investment completes alongside the acquisition, documented by experienced M&A solicitors. You receive regular reporting on the business, and you have a direct line to the people running it.Deals typically complete in 8 to 14 weeks.
Who this is for
Investors who want to know what they own.
High net worth individuals who prefer a named business and a direct relationship to a fund unit.
Patient capital looking for operator-led exposure to essential UK trades, held for the long term.
Owners who have sold, or who run businesses in these sectors, and want to put capital and experience to work beside people who do the same.
Important
Verdani Capital acquires and invests in businesses on its own account and does not provide regulated financial advice. We only discuss investment opportunities with people who qualify as high net worth or sophisticated investors under the UK financial promotion rules. The value of an investment can go down as well as up. Take your own independent advice.
Fundable. Backable. Verifiable.
Why investors back Verdani.
Everything below can be checked. Companies House filings, a trading group you can visit, and named people you can call.
- Track record
- 32 completed acquisitions over 12 years, across HVAC, M&E, Renewables and Construction.
- Trading group
- £25m group revenue and £3m group EBIT across operating companies, not a shell or a special-purpose vehicle.
- Legal entities
- Verdani Capital Two Limited (13658177) and Verdani Services Limited (11718358), both filed at Companies House.
- Investor partners
- Private investors who want a good return on their money and want to own business assets across our sectors, as equity, secured debt or a blend.
- Funding
- Acquisitions are funded by a network of private investors and lenders alongside group cash flow, structured as equity, debt or a blend to suit each deal.
- Pipeline
- A live pipeline of acquisition opportunities in HVAC, M&E engineering, Renewables and Construction at every stage from first conversation to heads of terms.
- Named people
- Lee Smith and Scott Adams lead every deal personally. The people you meet are the people who decide.
- Professional execution
- Experienced M&A solicitors and an in-house deal team, with the structure and timetable set out in writing at heads of terms.
The people
You are backing operators, so meet them.

Lee Smith
25+ years an entrepreneur and 32 completed M&A deals. Puts the seller’s legacy at the centre of every one.
linkedin.com/in/leeantonysmith
Scott Adams
Scaled Southern UK’s largest independent HVAC contractor from £20m to £80m. Leads the HVAC and Renewables portfolios.
linkedin.com/in/scottadams-verdanicapitalThe group
What your capital joins.
£25m of group revenue across HVAC, mechanical and electrical, Renewables, Construction and IT, built through 32 acquisitions over 12 years.

Rossair Ltd
Platform company for the HVAC group. Building services since 1973.

JMC Drywall Ltd
Platform company for the Construction group.
Armex Energy
EPC delivery across battery storage, solar PV and energy infrastructure.

Verdani Solutions Group Ltd
Cyber security and IT managed services group.
£100m by June 2028
A UK HVAC, M&E engineering, Renewables and Construction group at 10%+ net profit, built by partnering with owners rather than absorbing them.
Straight answers
Investing with Verdani, answered.
How do investors work with Verdani Capital?
Investors fund specific acquisitions alongside Verdani as business partners rather than as passive fund investors. Each opportunity is a named, trading UK business with three years of audited or filed accounts, a real order book and an operator-led management plan. Investors see the deal, the numbers and the structure before committing.
What returns do Verdani investors target?
Returns come from the trading profits and growth of real businesses, not from financial engineering. Verdani targets acquisitions at sensible multiples of sustainable EBITDA and grows them through operational improvement and bolt-on acquisition, with the group as a whole aiming for £100m revenue at 10%+ net profit by June 2028. Specific terms are shared per deal.
What is the minimum investment?
It depends on the deal. Verdani works with private investors, family offices and experienced business owners at a range of sizes, typically from £100,000 upwards on a single acquisition. Tell us what you have in mind and we will show you what fits.
Does Verdani Capital have acquisitions ready to invest in now?
Yes. Verdani runs a continuous pipeline of acquisition opportunities in HVAC, mechanical and electrical, Renewable Energy, solar and battery storage, and Construction, at stages from first conversation to heads of terms. Investors are introduced to the specific opportunities that match their sector interest, ticket size and preferred structure.
Can I invest as equity, debt or both?
All three. Investors can take equity in the acquisition, provide secured debt with a fixed return and defined term, or a blend of the two. The split, security, return profile and reporting are agreed per deal to suit the investor.
Is investing with Verdani Capital regulated?
Verdani Capital acquires and invests in businesses on its own account and does not provide regulated financial advice. Investment opportunities are only discussed with people who qualify as high net worth or sophisticated investors under the UK financial promotion rules, and every investor should take their own independent advice.
What makes an investment through Verdani different from private equity?
You are backing operators who run the businesses day to day, not a fund manager with a five-year exit clock. There are no management fees on committed capital, you own a share of a named business asset rather than units in a fund, and the businesses are held for the long term.
Start here
Tell us what you are looking for.
A short note on what you have in mind, and Lee will come back to you personally to arrange a call and share what is live.
- Confidential and without obligation
- You will speak to Lee, not an analyst
- Named businesses, filed accounts, full visibility
- We reply within one working day
Prefer to talk? Call 020 3475 5475
or email info@verdanicapital.co.uk
or message us on WhatsApp

