Track Record

Experience that speaks for itself

Over two decades of operating in renewable energy, across development, construction, management, and investment.

Case Study

FEBESOL

From regional installer to nationwide solar EPC, acquired by Thermondo

The Challenge

FEBESOL was a residential solar installation company with a loyal customer base and a well-earned reputation for quality. Founded in 2009 and based in south-west Germany, the business had built something genuinely good, but it was operating at a fraction of its potential.

The opportunity was clear, but the path to realising it was not straightforward. Scaling a residential solar EPC business required more than additional headcount or a larger service area. It required a fundamental rethinking of the business model.

The Approach

Jomicon engaged with the FEBESOL team through a series of intensive strategy sessions. The diagnosis was clear: the path to scale required transforming FEBESOL into a fully vertically integrated residential solar EPC company, owning the full customer journey from lead generation through to installation.

This was not a modest adjustment. It was a fundamental reimagining of the business model, the organisation, and the go-to-market approach.

A critical part of the transformation, and one that is easy to underestimate, was building the right operational infrastructure from the ground up: the software stack, the digital tools, and the internal processes that would allow a rapidly growing business to maintain quality and control at scale.

Crucially, Jomicon did not deliver a strategy document and step away. Thomas joined the Board of Directors as Co-CEO and became a shareholder, alongside Gerard Reid as Chairman of the Board. Full alignment between strategy and execution, with skin in the game on both sides.

The Outcome

Within two years, FEBESOL had completed its transformation. From a regional installer operating in south-west Germany, the company became a nationally active, vertically integrated solar EPC business with a team of close to 200 people and operations spanning the length and breadth of Germany.

In 2024, 100% of FEBESOL's shares were acquired by Thermondo GmbH, Germany's largest residential energy services company. A successful exit and a clear validation of both the strategy and the execution.

"I have worked with Thomas on numerous projects and transactions and always been impressed with his management and leadership skills. A great guy to work with!"
— Gerard Reid, Co-Founder and Partner, Alexa Capital, London

Career Highlights

A career built in renewable energy

Before founding Jomicon, Thomas Kercher spent two decades working at the heart of the renewable energy industry as an operator, builder, and executive across multiple companies and continents.

As CEO of Pfalzsolar GmbH, Thomas transformed a loss-making regional solar company into an international project development and EPC business operating across Germany, the United Kingdom, the Netherlands, Egypt, Spain, Hungary, and the United States. The transformation required rebuilding the business model, the team, and the go-to-market approach, while delivering live projects simultaneously.

As COO of Greencells Group, one of Europe's leading solar EPC providers, Thomas oversaw the planning and construction of major solar projects across Egypt, the Netherlands, and Hungary, heading operations and contributing to the company's growth as a significant international EPC contractor.

Across these roles, Thomas has served as Managing Director and board member of numerous project and service companies in Germany, the UK, the Netherlands, and beyond. He has led M&A transactions involving both the acquisition and disposal of businesses, navigated complex international partnerships, and managed organisations through periods of rapid growth and structural change.

Jomicon was founded in 2018 to bring this breadth of operating experience to bear, for clients that need more than a consultant, and for businesses worth building.