18.6 C
Saturday, July 20, 2024

Acquisitions fuel Inspired Energy growth

Kirkham based, Inspired Energy, has announced that it has achieved positive growth in revenue, profits and cash generated from acquisitions for the year ending 31 December 2018.

2018 saw Inspired Energy acquire four companies: Inprova Finance Limited, Squareone Limited, Systemslink 2000 Limited, Professional Cost Management Group Limited and Energy Cost Management Limited, significantly increasing the group’s position as a UK market leader.

Mark Dickinson, CEO of Inspired Energy, said: “2018 has seen the acceleration of our next growth phase with five complementary and value-enhancing acquisitions completed, whilst the Group has continued to deliver sustained organic growth in the Corporate Division.

“These acquisitions have materially increased the Group’s client meters under management (units of opportunity) and we continue systematically engaging with clients to quantify the cross-selling opportunities and increased accessible revenue at each meter point.

“We remain focused on delivering our core financial, operational and strategic objectives, whilst simultaneously broadening the service offering for our clients, to help them to optimise the value of every pound spent on utilities.

“Inspired Energy had an excellent 2018 and I am confident that 2019 will be another year of significant progress for the Group, with trading in line with expectations.”



Bespoke wins Wiserr lead generation contract

Digital marketing agency Bespoke has won a digital marketing contract with Wiserr to...

Dad jailed for murdering two-year-old son

A man has been jailed for life for the...

GO Blackpool app launches to boost local businesses

Blackpool Business Improvement Districts (BIDs) has launched GO Blackpool,...

Bin it and bag it: Jollyes launches nationwide free poo bag giveaway

Retailer Jollyes will open its next brand new store...

Subscribe to our newsletter

Business Lancashire will use the information you provide on this form to be in touch with you and to provide updates and marketing.

Don't miss

EURO 2024 Parimatch Sign Up Offer: Get 50/1 on England to beat Spain Free Bet

Football fans are no doubt eagerly awaiting the upcoming...

Bury author scoops Lancashire’s Book of the Year Award for third year running

A talented author from Bury has been handed a...

Spain vs England Free Bets: Betano 50/1 on England to Beat Spain Euro Finals 2024

With England advancing on their journey in the UEFA...

The Ultimate Guide to Washing Machine Repair

Tired of dealing with a washing machine that won’t...

More News

Free travel for military personnel on Armed Forces Day

Free travel will be available on Stagecoach bus and tram services for military and ex-military personnel on Armed Forces Day. This Saturday is a chance...

Lancaster shop worker fined for selling vape to underage girl

A man working in a Lancaster vape shop has been fined £916 for selling a disposable flavoured vape to a teenager without asking for...

One in three businesses in Lancashire fail test knife purchases

Trading Standards revealed that one in three Lancashire businesses failed their test purchases for knife sales. Operation Sceptre, an operation focusing on knife crime, involved...