Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Utilitywise divisions acquired by energy consultancy

Utilitywise divisions acquired by energy consultancy

Tue, 09 Apr 2019 | BUSINESS SALE



Energy broker Utilitywise, which entered administration earlier this year in February, has sold its Energy Intelligence Centre (EIC) and T-Mac Technologies divisions to energy consulting firm The Monarch Partnership.

Led by managing director Brin Sheridan, all 130 members of staff from EIC and T-Mac will be transferred to The Monarch Partnership based in Surrey, bringing the total workforce to 250 people and a turnover of £20 million for the group.

T-Mac Technologies assists its clients by monitoring and reducing their energy consumption by providing management and intelligent building systems. Similarly, EIC caters to more than 1,000 businesses and organisations in the public sector by managing their energy and water consumption.

Utilitywise, headquartered in Newcastle, bought EIC in 2013 for £15.5 million and relaunched it soon after renaming and rebranding.

This acquisition by The Monarch Partnership was advised by legal firm Healys.

Chairman and chief executive of The Monarch Partnership, Peter Dosanjh, said: “We are building a premier utility consultancy focused on helping our customers to become fully sustainable energy users.

“Our depth and breadth of expertise is unrivalled, and we are now working with colleagues and clients across the organisation to integrate the businesses and become the UK’s leading intelligent utilities partner. It is great to have Brin on board and welcome EIC and T-Mac to the group.”

Sheridan commented: “Joining The Monarch Partnership family provides an exception platform to further grow our business and tap into the services of the whole group for our clients. We look forward to working with Peter and his team to fulfil those ambitions.”

For more news stories about acquisitions, click here. For all our business for sale listings, click here.


Share this article



Latest Businesses for Sale

Domestic Cleaning Business
Essex, South East, UK

The highly successful opportunity is now being offered for sale due to the owner's decision to retire. The business currently concentrates on the domestic market (95% of the workload) with some commercial work (5% of the workload). All work is carrie...

Asking Price: Offers Invited
Turnover: £315,000

LEASEHOLD


Car Modification Business
Hertfordshire, South of England, UK

The business was established as a sister company to the owners repair garage, due to the high demand of the services in the area. The owner took over the lease of the premises mid-2020 and fully renovated the workshop to a very high standard, with mo...

Asking Price: Offers Invited
Turnover: £300,000

LEASEHOLD


Green Energy Business
M25 corridor, South East, UK

An established green energy company with potential revenues of £46m-£57m (total revenue from 2022-2047). The company is offered for sale with a pie-crust lease on two former landfill sites with a combined 206 acres of land suitable for tree planting...

Asking Price: Offers Invited
Turnover: £2,500,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
24
 
Jun
 

E-commerce imports retailer up for sale for £1.6m | BUSINESS SALE

Deals Incorporated, a Manchester-based e-commerce retailer t...

 
23
 
Jun
 

Auto Trader completes acquisition of Autorama at nearly 16x gross profits | BUSINESS SALE

Auto Trader has completed the acquisition of new vehicle lea...

 
22
 
Jun
 

Acquisitive ESG consultancy set to be sold | BUSINESS SALE

An acquisitive environmental and sustainability consultancy ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
29
 
Jan
 

Utilitywise up for sale | BUSINESS SALE

Energy consultancy company Utilitywise has put itself up for...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.