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M Group Services strengthens commitment to UK net zero targets

M Group ServicesM Group Services strengthens commitment to UK net zero targets with acquisition of AgilityEco

M Group Services has completed the acquisition of AgilityEco (“AgilityEco or “the Company”), a leading player in the regulated home decarbonisation, fuel poverty and energy efficiency sector. It becomes a part of M Group Services’ Energy Division.

A B-Corp organisation, AgilityEco works with energy providers, local authorities and other commercial organisations, providing home decarbonisation services at scale to deliver energy efficiency, reduce utility bills, alleviate pressure on household finances and support vulnerable customers. The Company supports the transition to greener homes, helping to meet the UK’s net zero target.

AgilityEco’s key clients include energy retailers such as British Gas, Scottish Power, Octopus Energy, Ovo Energy, National Grid, and M Group Services strengthens commitment to UK net zero targetslocal authorities including Portsmouth and Oxfordshire County Councils, many of whom already work in partnership with M Group Services and its operating businesses.

AgilityEco’s strong market position and breadth of capability will enhance M Group Services’ existing electricity, gas and renewable energy capabilities, which provide end-to-end infrastructure and retail services to the UK energy sector.

The acquisition strengthens the long-term strategy of M Group Services’ Energy Division, providing new opportunities to further develop the Group’s long-term client relationships in the energy sector.

AgilityEco’s asset light business model and exposure to visible long-term regulatory frameworks are highly complementary to M Group Services’ existing business and strategy.

Andrew Findlay, M Group Services Chief Executive, said: “The acquisition of AgilityEco represents an extension of our capabilities to deliver essential services to our existing energy and local authority clients. These services enable our clients to meet their regulatory obligations and support the delivery of their ambitious decarbonisation agendas.

“Acquisitions with adjacent capabilities serving existing clients are a fundamental part of our continuing growth strategy and we are delighted to further enhance our Group capabilities with the acquisition of AgilityEco.

“M Group Services is a recognised leader in the sector for our commitment to ESG (environment, social value and governance). Our acquisition of AgilityEco reinforces this
commitment, significantly enhancing our contribution towards achieving the UK’s net zero target.”

M Group ServicesSimon Best, Managing Director of M Group Services Energy Division, said: “We are delighted to welcome Sharon Johnson and her team to M Group Services. AgilityEco has established a leading position in the market over the last decade and brings a strong set of adjacent capabilities to our Group, which we are excited to provide to our clients. We look forward to supporting the delivery of AgilityEco’s ambitious growth plan in the coming years.”

Sharon Johnson, Managing Director of AgilityEco, said: “We are excited to be joining the M Group Services Energy Division, which represents a great opportunity for our people, our clients and our partners.

“Being part of M Group Services provides access to complementary capabilities and enhances our ability to provide a differentiated offering for our clients and partners. This strengthens our platform for growth, and as a purpose-driven organisation, it ultimately enables us to support more vulnerable families living in fuel poverty and to prepare Britain’s homes for Net Zero.”

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