Inspired's two new purchases take order book beyond £30m

Kirkham-based Inspired Energy has purchased Churchcom Limited and the trade and assets of Flexible Energy Management Limited.

FEML is a public sector energy procurement specialist, servicing a customer base comprising of NHS foundation trusts and hospitals, and academic and sporting institutions, through two NHS sponsored OJEU frameworks. The deal was valued at £2.2m.

Janet Thornton, CEO of Inspired Energy said: “We are delighted to conclude the acquisition of Flexible Energy Management and Churchcom, which are highly complementary additions to the group’s core corporate division. "These acquisitions broaden our customer base, further enhance our sector specialisms and increase our geographical spread. Following the transactions, the enlarged group’s procurement corporate order book now exceeds £30m, which represents another milestone for the group and gives us great revenue certainty for the short and medium term."