We are delighted to have advised market leading energy consultant and long-standing client of the firm Inspired PLC on their £35m Placing & Open Offer fundraise on AIM and the acquisition of Ignite Energy.
Inspired PLC acquired the remaining 60% of Oxfordshire based Ignite Energy, having acquired 40% of the business in 2019. Completing this acquisition further strengthens Inspired PLC’s market presence, providing significant growth in Optimisation Services.
The £35m fundraise will provide Inspired PLC 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 PLC. 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."