UK-based contractor M Group Services has completed the acquisition of AgilityEco, a company that works in the home decarbonisation and energy efficiency sectors.
Following this deal, AgilityEco will now become a part of M Group Services’ Energy Division and will continue to help its customers transition to greener homes and fulfil the UK’s net-zero ambitions.
B-Corp organisation AgilityEco partners with energy providers, commercial organisations, and local authorities to offer large-scale home decarbonisation services, aiming to reduce utility bills in the process.
Many of these clients already collaborate with M Group Services, suggesting a strategic fit for the acquisition.
By acquiring AgilityEco, M Group Services aims to enhance its existing capabilities across electricity, gas, and renewable energy, providing comprehensive infrastructure and retail services to British energy sector clients.
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M Group Services CEO Andrew Findlay said: “The acquisition of AgilityEco represents an extension of our capabilities to deliver essential services to our existing energy and local authority clients.”
“Acquisitions with adjacent capabilities serving existing clients are a fundamental part of our continuing growth strategy and we are delighted to further enhance our group capabilities with the acquisition of AgilityEco.”
The latest move will strengthen M Group Services’ energy division, opening new avenues for growth and development.
AgilityEco’s asset-light business model and its alignment with long-term regulatory frameworks are said to complement M Group Services’ existing operations and strategic direction.
The financial details of the deal have not been disclosed.