To learn more about how we can support your business, please contact Anthony Evans on 01 or email. Dunns 3, Bowes Offices, Lambton Park, Chester-le-Street, DH3 4AN, United Kingdom. It was also great to work with Phil from Leathers, who played a key role in making this deal happen.” BC Blue is implementing the latest smart utility technology to facilitate enhanced levels of. They’ve done a fantastic job of building Smart and, through the deal, have created an exciting opportunity to further grow the business as part of MIC. Reducing Costs and Improving Utility Asset Management. I am proud to have been part of an exciting and successful journey with the business and delighted that we have achieved such an exceptional outcome for our clients so soon after establishing Leathers Corporate Finance.”Īnthony Evans, corporate partner at Muckle, added: “It was great to work with Peter and his fellow shareholders. Phil Williams said: “This is a great deal for the staff and customers of Smart and for the region. This is a win-win business combination and we couldn’t have done it without our former colleague Phil Williams and the tremendous support from Leathers Corporate Finance and Muckle.” “Our field-based sales team will help MIC to reach segments of the market it currently doesn’t have access to. Peter Kirkham, CEO and co-founder, said: “Joining forces with MIC means we can now serve our clients even better, offering them new products and services and helping them to save even more money.
Leathers Corporate Finance acted for Smart in planning and delivering the deal, with partner Phil Williams – formerly finance director of Smart – completing the highly significant deal less than six months after co-founding the region’s newest corporate finance firm. The deal marks the third acquisition in two years for fast-growing MIC, which is already recording organic year-on-year growth of 50 per cent, and has seen significant progress since ECI Partners invested in the business in 2017. The founders of Smart will remain with the business post-acquisition to lead its ongoing development and oversee its integration into the MIC group. We advised the selling shareholders on the deal, with legal support led by partner Anthony Evans and included Stuart Grieve, Harry Hobson, Beth Thompson and Zoe Ditch.įounded in 2014, Smart has become one of the most dynamic new players in the sector, providing energy utility management and switching services to SMEs across the UK, helping them to procure energy more cheaply. Smart Utility Management (Smart), based in Chester-le-Street, has now been acquired by Make It Cheaper (MIC), the UK’s leading SME utilities switching provider, in a deal that has been hailed as enabling both businesses to reach more customers, offer more products and services and boost sales capabilities. Our meter data management (MDM) forms the core of the smart metering / automated metering infrastructure (AMI) by collecting data from meters and adding. Ultimately this empowers our clients’ operators and managers with a powerful set of tools and associated processes, user-friendly interfaces, improved data quality, and Artificial Intelligence-enhanced analytics to achieve unprecedented utility performance.One of the UK’s fastest-growing business energy consultancies has been acquired by a market-leading counterpart, in a deal which represents a significant and exciting investment in the region. The services and solutions build upon one another, at a pace that matches organizational readiness and resources, providing higher returns at each succeeding step. The approach is flexible, so it can be applied to utilities of any size. Our approach, developed and implemented by industry-leading experts, goes beyond basic data-driven decision making to enable a new utility paradigm in which utilities are proactively managed to reach optimal operational efficiency. Brown and Caldwell’s unique approach to smart utility implementation is designed specifically for our water clients and based on proven results.
Enabling utilities with the tools for connectivity, flexibility, digitalization, and empowerment to optimize operations and customer serviceĭue to budget constraints and a shrinking workforce, today’s water utilities need to streamline their systems to collect and understand operational data to help them make informed decisions around planning for capital investments, improving customer service, and reducing operators’ training requirements.
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