Power sector expands with new purchase

Tuesday 27 August 2024

Exciting news emerges in the energy sector as Ipsum, a leading utilities services provider, makes a significant move by acquiring Site Energy Limited, an electrical installation and maintenance contractor. But that’s not all – they have also acquired SES Training Solutions, a reputable training business. This strategic acquisition is set to enhance Ipsum’s existing capabilities in electrical and mechanical design, as well as the installation and maintenance of low and high voltage systems across the UK.

Rising to the occasion, Richard Thomas, the Chief Executive Officer at Ipsum, expressed his enthusiasm about the recent developments. He stated, ‘We are thrilled to announce the successful acquisition of Site Energy Limited and SES Training Solutions. This not only broadens our expertise and reach in the Power industry but also enables us to nurture and support the growth of both current and future talent within the sector.’

Warmly welcoming the new additions to the Ipsum family, Thomas expressed his anticipation of collaborating with Simon and Carl, who will continue to contribute to the business’s success.

Simon Blundred, the Managing Director at Site Energy Limited, echoed the sentiment of excitement, saying, ‘We are eagerly anticipating this new chapter. Our close partnership with Ipsum in recent months ensures a seamless transition process, allowing us to maintain our commitment to delivering top-notch service to our customers. This acquisition opens up exciting possibilities for us to enhance our services and leverage Ipsum’s ability to execute projects on a larger scale.’

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