Energy Broker Inspired Energy In Double Acquisition

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The Lancashire firm has bought Simply Business Energy and KWH Consulting.

Inspired Energy, the energy procurement consultant, has snapped up two business to compliment its EnergiSave division which focuses on the SME sector.The Lancashire firm has bought Simply Business Energy and KWH Consulting.The two businesses will form part of an enlarged division providing SMEs with competitive energy contracts from a variety of suppliers.It is expected that the acquisitions will be earnings neutral in the first full year post acquisition and earnings enhancing thereafter.SBE is a relatively new company which has developed a fully automated, operational online quoting platform for SME customers who are looking to switch their energy supplier, while KWH focuses on servicing mid-market SME clients, which complements EnergiSave’s existing service which has a focus on SMEs with 1 to 25 employees.

via Two acquisitions for Inspired Energy – Manchester Evening News.

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