We are delighted to have advised market leading energy consultant and long-standing client of the firm Inspired Energy Plc on their £35m Placing & Open Offer fundraise on AIM and the acquisition of Ignite Energy.
Inspired Energy acquired the remaining 60% of Oxfordshire based Ignite Energy, having acquired 40% of the business in 2019. Completing this acquisition further strengthens Inspired Energy’s market presence, providing significant growth in Optimisation Services.
The £35m fundraise will provide Inspired Energy with capital to support further acquisitions in the future and accelerate the ambitious company’s ambitious growth strategy.
Paul Jefferson, who led on the deals said "we are delighted to continue our strong relationship with Inspired Energy. This fundraise and acquisition will give further impetus for their continued successful growth strategy. We look forward to continuing to support Inspired as they progress additional acquisition opportunities"