Optimised Acquires Control Energy Costs to Enhance Utility Management
Deal News | May 08, 2025 | HMT LLP

Optimised, a UK-based provider specializing in net-zero advisory, building optimization, and utility management services, has expanded its capabilities through the acquisition of Control Energy Costs (CEC). Founded in 2002, Optimised aids businesses on their journey to decarbonize by offering a full suite of services, including utility management and building optimization. This strategic acquisition will enhance Optimised's offering in the UK, particularly in utility, energy, and carbon management. Phil Ager, the Managing Director of CEC, will transition to the role of Managing Director of the combined Utility Management division. With now over 70 specialists, the division will serve more than 700 clients providing services such as energy and water procurement, bureau services, and cost recovery. HMT LLP acted as the financial advisor, conducting due diligence on this transaction.
Sectors
- Energy Management
- Mergers and Acquisitions
Geography
- United Kingdom – Both Optimised and Control Energy Costs operate within the UK, and the transaction is focused on enhancing services for UK-based clients.
Industry
- Energy Management – The article involves companies that focus on energy management. Optimised is enhancing its capabilities in energy, utility, and carbon management through this acquisition.
- Mergers and Acquisitions – The article discusses the acquisition of Control Energy Costs (CEC) by Optimised, highlighting the strategic growth through M&A activities.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Optimised | Acquirer | Company | A UK provider of net-zero advisory, building optimization, and utility management services. |
Control Energy Costs (CEC) | Target | Company | A company providing energy and utility management solutions. |
Phil Ager | Managing Director | Person | Managing Director of Control Energy Costs, transitioning to managing the combined Utility Management division at Optimised. |
HMT LLP | Financial Advisor | Company | Provided financial due diligence for the transaction. |