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Kirkham-based Inspired Energy has bought Informed Business Solutions, an energy procurement and environmental services provider, for an initial £2.25m.
Informed Business Solutions, also of Kirkham, made £700,000 profit on turnover of £1.7m last year, with a strong presence in the multi-site retail and leisure markets for energy procurement.
Janet Thornton, CEO of Inspired Energy, said: “We are delighted to conclude the acquisition of Informed which is a highly complementary addition to the group’s core corporate division. The acquisition broadens our customer base, further enhances our sector specialisms and strengthens our service offering within environmental consultancy.
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