M Group Services Acquires AgilityEco from Bridges Evergreen
January 5, 2024
M Group Services has acquired AgilityEco, a UK home decarbonisation delivery platform, from Bridges Evergreen. The sale delivered a 3.4x money multiple and a 40% IRR for Bridges Evergreen; AgilityEco provides whole-house energy-efficiency solutions, has grown to turnover well over £100m and worked with 36,000 households in 2022/23.
- Buyers
- M Group Services
- Targets
- AgilityEco
- Sellers
- Bridges Evergreen (Bridges Fund Management)
- Industry
- Energy
- Location
- Surrey, United Kingdom
- Transaction Type
- Buyout
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