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Inspired Energy completed the acquisition of Ignite Energy for $14m.

Synopsis

Inspired Energy, a consultant for energy procurement, utility cost optimisation and legislative compliance, completed the acquisition of Ignite Energy, an energy management consultant, for $14m. "We are delighted to welcome Ignite to the Group as a wholly owned subsidiary and look forward to accelerating the growth of the Group's optimisation services by maximising the cross-selling opportunities it will present. The immediate focus is on fully integrating Ignite into the Group, whilst continuing to appraise the other M&A opportunities available to management," Mark Dickinson, Inspired Energy CEO.

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