Inspired: Silicon Valley's HGGC Acquires in £183.6m Deal
Deal News | Jun 26, 2025 | Business Cloud
Inspired PLC, a Lancashire-based energy tech firm specializing in sustainability and carbon management, is set to be acquired by HGGC, a private equity firm based in Silicon Valley, in a £183.6 million transaction. The acquisition offer of 81 pence per share comes as a strategic move to support Inspired's transition into a fully integrated, data-enabled energy services provider. This offer represents an 18.2% premium over a previous unsolicited bid by Regent. Inspired's board has recommended accepting the HGGC offer, emphasizing its potential for delivering future growth amid market volatility. HGGC is eager to leverage its investments to fulfill Inspired's long-term vision and extend its capabilities.
Sectors
- Energy Technology
- Private Equity
- Sustainability
Geography
- United Kingdom – Inspired PLC is based in Kirkham, Lancashire, within the UK, and serves as a key player in the UK's energy transition market.
- United States – HGGC, the acquiring company, is a Silicon Valley-based private equity firm, reflecting US involvement in international business deals.
Industry
- Energy Technology – Inspired PLC operates within the energy technology sector, providing tech-enabled commercial energy and sustainability advisory services.
- Private Equity – HGGC is a private equity firm involved in the acquisition of Inspired PLC, highlighting the role of private equity in facilitating business acquisitions and growth strategies.
- Sustainability – Inspired focuses on net-zero transitions and climate change responses, aligning with sustainability industry goals.
Financials
- £183.6 million – The acquisition deal value of Inspired PLC by HGGC.
- 81 pence per share – The price offered by HGGC per share of Inspired PLC, representing a premium over Regent's previous offer.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Inspired PLC | Target Company | Company | A UK-based energy tech firm focusing on sustainability and commercial energy advice. |
| HGGC | Bidding Company | Company | A private equity giant based in Silicon Valley, involved in acquiring Inspired PLC. |
| Regent | Other Company | Company | A company that previously made an unsolicited offer for Inspired PLC. |
| Richard Logan | Chairman of the Board | Person | Chairman of Inspired PLC, supporting HGGC's offer. |