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Central Power Services hires FD to support growth

Central Power Services – a North West-headquartered business which installs, maintains and repairs diesel-powered generators for sale or hire – has appointed a new financial director to support its ambitious growth plans.

The business has named Liesl Potgieter as its financial director. She joins the company having qualified at Deloitte and brings two decades of experience gained in private equity-backed permanent and interim FD roles. Liesl is a highly commercial finance leader and brings an outstanding track record of delivery in transforming entrepreneurial businesses.

Central Power Services received a significant investment from Foresight Group in September 2023 from its Foresight Regional Investment Fund III. The funding will allow Central Power Services to continue its growth trajectory with an enhanced focus on nationwide expansion and strategic M&A.

Stuart Brakewell, managing director at Central Power Services, said: “We’ve created strong foundations to accelerate our expansion over the next few years. To deliver against our ambitions, we need to bring onboard talented people who understand the nuances of our growth plans and also have a passion and expertise for the sectors and markets in which we operate. Liesl perfectly fulfils that brief.”

Founded in 1986 as a family business, Central Power Services has established itself as the UK’s leading independent emergency power specialist. As well as its Preston head office, the business now has sites in Leeds and Cannock in the Midlands. The business supports customers across all sectors with a particular track record in facilities management, leisure and hospitality, healthcare, education, utilities, and oil and gas.

FD, Liesl Potgieter adds: “CPS is a business with a rich history, excellent team and ambitious plans. It’s an extremely exciting time for the business. All this combined made the opportunity to join a compelling one. Since starting with the team, it has been striking to see the impact that our services have on the customers we support. We are essential to the smooth-running of their operations and keep them running in case of any emergency – it’s fantastic to be part of that.”

For more information visit www.central-power.co.uk or call 0845 437 9750.

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