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.
The company’s client base includes energy retailers such as OVO Energy, British Gas, National Grid, and Scottish Power, along with local authorities, including Portsmouth and Oxfordshire's councils.
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.
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.
