Inspired Energy has completed the acquisition of Professional Cost Management Group Limited, a national cost recovery specialist, for an aggregate consideration of up to £700,000.
Professional Cost Management Group provides a forensic auditing service to identify and recover overpayments of utilities and telecoms bills on behalf of its clients and provides optimisation analysis to enable customers to improve their tariff and billing structure;
Founded in 1993, the Company has recovered in excess of £100m for clients in the last 18 months with expertise in the energy, water, telecoms and accounts payable sectors.
Commenting on the acquisition, Mark Dickinson, CEO of Inspired said: “We are delighted to conclude the acquisition of PCMG, which is a highly complementary addition to Inspired’s core Corporate Division. The PCMG team and brand are well respected within the sector.
“We look forward to working closely with the highly experienced and knowledgeable team of PCMG and welcome them into our core Corporate Division as we continue to advance our position as a market leader.”
