EHC, based in Blantyre, South Lanarkshire, supplies electric boilers, heaters and water cylinders to housing associations, developers and private homeowners across the UK.

The deal features the first investment from Foresight’s £60m Scotland Fund, with other investment from the Foresight East of England Fund and the Foresight Scottish Growth Fund.

Foresight’s investment will support the company’s management team with its growth plans – enabling it to create more jobs, expand its product range and increase its distribution reach. EHC plans to launch its first range of air source heat pumps this year.

Following the investment, David Leng, an executive with extensive experience at building product distributors, has joined the board as executive chair.