Gateley Plc advised Inspired Energy PLC on the acquisition of STC Energy and Carbon Holdings, an energy bureau, billing and energy procurement service provider to large, multi-site corporate clients.
The acquisition for Lancashire-based Inspired Energy PLC will grow its order book to in excess of £23 million and mean it now has over 9,500 customers.
The deal was led from our Manchester Corporate team by Corporate Partner, Paul Jefferson, supported by Corporate solicitors Leigh Whittaker and Katherine Hornsby. Banking advice was provided by Rick Sealy and Abigail Sowden, with Legal Director Richard Clitherow providing taxation input.
Commenting on the deal, Paul Jefferson said: “We have a long-standing and strong relationship with Inspired Energy, having advised on its flotation and on a number of acquisitions since, the STC deal being the latest in that line. We are delighted to continue to provide support and advice to the management team as the business goes from strength to strength.”