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Outsourced acquire PRS Energy Group in first stage of scale-up plans
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Outsourced acquire PRS Energy Group

Article by: John Davies, July 3, 2018

Outsourced acquire PRS Energy Group in first stage of scale-up plans

 

Owen Davies, Managing Director.

Owen Davies, Managing Director.

We are delighted to announce the acquisition of fast-growing competitor, PRS Energy Group, as our first round of expansion begins.

Advised by the specialist scale-up firm DropJaw Ventures, the acquisition will support our boards aim of becoming a leading provider of cost efficient energy for businesses across the UK. The acquisition will drive operational savings and enable us to extend our sales, marketing and back-office team across two new locations in Manchester and North Wales, along with planned refurbishments to our Chester head office.

Our founder and Managing Director, Owen Davies, commented “There are really exciting times ahead for Outsourced. Since I set up the business in 2014 we have developed a fantastic client base of customers who trust us implicitly to procure and manage their utility spend. Our steady growth is testament to our unwavering company values that have helped us put good business ethics into practice. Each day we work to provide our customers with honest and genuine business energy advice so they can focus, without distractions, on making their own businesses more profitable. To be in the position to acquire such a fast growing company is a fantastic achievement for our team and it marks the first stage of our scale-up plan to take our refreshing model to the wider business network. I am really excited for the journey ahead and would like to take this opportunity to thank all those businesses who have joined us along the way so far.”

Stay tuned for further exciting updates.

To find out more about our acquisition of PRS Energy Group please email info@outsourcedutilities.co.uk

 

 

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