Sovereign backs MBO of UK energy broker
Sovereign Capital Partners, the UK private equity buy & build specialist, has announced the management buy-out of Utility Bidder, an energy broker offering energy procurement services to UK, SME customers.
This is the second MBO Sovereign has backed in recent months and follows that of Asset Control, the financial data management business.
Sovereign has partnered with the management team of Utility Bidder to further develop the business through a strategy of organic and acquisitive growth.
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