Ipsum has actually obtained Stoke on Trent electrical setup and upkeep professional, Site Energy, and its associated training service SES Training Solutions.
It marks the seventh acquisition in its power department and ninth total.
Preston-based Ipsum was purchased out by a personal equity-backed management group in May 2023 and has actually proliferated to reach ₤ 80m income in last released accounts.
It now utilizes over 500 personnel running out of 7 local centers to offer a nationwide service in crucial power, water and innovation and telecoms sectors.
Richard Thomas, CEO at Ipsum, stated that this newest bolt-on acquisition would match Ipsum's existing abilities of electrical and mechanical style, setup and upkeep of low and high-voltage setups throughout the UK.
“We are pleased to have actually finished the acquisition of Site Energy Limited and SES Training Solutions. Not just does it widen our abilities and geographical reach in the power market, however it likewise enables us to support the advancement of present and future skill.”
Simon Blundred, MD at Site Energy Limited, stated: “We're anticipating this brand-new and interesting duration. We have actually been working carefully with Ipsum over the last couple of months to guarantee a smooth shift so that we can continue to provide for our consumers.
“This acquisition provides us the chance to even more improve our offering and take advantage of Ipsum's shipment at scale.”
Carl Thompson, MD at SES Training Solutions, included: “The acquisition will permit us to additional take advantage of the Power sector and deal with some crucial gamers in the market to offer necessary training to the present and brand-new labor force.
“Times are tough and power as a market is dealing with the massive job of drawing in brand-new skill, nevertheless the acquisition provides an excellent chance to engage with individuals throughout the UK and reveal them how amazing it is to be in this sector.”
