Inspired to acquire energy procurement business Inprova Finance Limited for £19.5M

December 7, 2018 — Fusion DigiNet

inspired-logo3Inspired, an energy procurement consultancy, has conditionally agreed to acquire Inprova Finance Limited (IFL) for £19.5 million in cash from Inprova Group Limited .

Inspired proposes to raise up to £19 million by way of a conditional placing of 115,151,516 new Ordinary Shares at 16.5 pence per Ordinary Share to finance the balance of the Consideration and associated advisory fees relating to the Acquisition.

IFL provides energy procurement and consultancy services to its help it customers buy energy efficiently and monitor and reduce their carbon footprint. The company has access to 19,000 meter points through over 1,000 customers. It operates in four main sectors – data centres, social housing, education and construction.

In the year ended 30 June 2018, IFL had revenues of £7.8 million and EBITDA of £2.9 million; at 30 June 2018, IFL’s order book stood at c.£11.6 million

Commenting on the proposed acquisition, Mark Dickinson, Chief Executive Officer of Inspired, said: “We are delighted to have agreed the acquisition of IFL and its group of energy businesses. This acquisition provides an opportunity to drive further growth from Inspired’s established platform and deliver value creation, both strategically and operationally, in addition to strengthening the Group’s position as a leading TPI in the UK and Ireland. We look forward to working with the team as we continue to accelerate our next phase of growth.”

In April 2015, Fusion completed the sale of two business to Inprova Group in two days: Two Fusion Deals in Two Days: The sale of energyTEAM and ENER-G Procurement – full story

UK, Kirkham, Lancashire & Warrington, Cheshire

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ICIS acquires carbon market analytics specialist Tschach Solutions GmbH

June 7, 2013 — Fusion DigiNet

icisICIS, a global provider of energy market information and a division of Reed Business Information, is to acquire Tschach Solutions GmbH, a specialist carbon market analytics company based in Karlsruhe, Germany. Terms of the deal were not disclosed.

Tschach

Tschach Solutions, founded in 2010, offers a comprehensive portfolio of data, information and analytics products for the carbon market.Products include short and long-term price forecasts, which combine analysis of market fundamentals, policy and trading behaviour in the EU Emissions Trading Scheme (ETS) and the global Clean Development Mechanism (CDM).  Tschach Solutions produces a range of data, delivered through online, written report and consulting propositions.

“Tschach Solutions is a fast growing business whose approach to market analysis has proved highly effective. This acquisition increases ICIS capability in short and long-term energy market analysis,” said Christopher Flook, Managing Director of ICIS. “Our collective capabilities will provide customers with unique insights”.

Dr Ingo Tschach, Managing Director of Tschach Solutions added that “ICIS’ strong position across the energy information market, coupled with its extensive sales and marketing capability, provides the opportunity to accelerate our plans for future growth. As part of ICIS, we are better positioned to capitalise on the increasing need for carbon market data and analysis”.

UK, Sutton, Surrey & Germany, Karlsruhe

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Posted in B2B Services, Consultancy, Content Media, Energy & Environmental Services, Internet Media, Market Data & Information, Publishers, ~Europe. Tags: , , , . Leave a Comment »