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New Deal


Announced

ECI Partners-backed Make It Cheaper acquired Smart Utility Management.

Financials

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Transaction Value-
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Capital Bid For100%
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Share Price Premium-
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Tags

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United Kingdom

Acquisition

energy and utility management services

Multi-Utilities

Private

Private Equity

Synopsis

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ECI Partners-backed Make It Cheaper, an online comparison site, acquired Smart Utility Management, which provides energy utility management and switching services to SMEs across the UK. Financial terms were not disclosed. MIC CEO Paul Galligan said: “Switching is widely recognised as an effective way for businesses to lower their bills and find better service providers. Our latest acquisition cements our position as the leading, go-to solutions provider for SMEs that want to find the best energy, broadband and insurance deals.”

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