There is no doubt that the water sector is fast-moving and we will be in an even stronger position to help our clients meet the challenges and opportunities that the new deregulated water market provides.
Birmingham, United Kingdom (PRWEB UK) 14 January 2016
Catalyst Commercial Services Limited, a UK market leading utility consultant who provides utility procurement services, sustainability and environmental services, is pleased to announce that it has today completed the acquisition of Aqua House Limited for an undisclosed sum.
Aqua House is a specialist water management consultancy and this acquisition complements Catalyst’s water division, and will form part of an enlarged division providing SMEs with commercial water management services and competitive water contracts in the open deregulated water market.
Catalyst provides a number of services relating to its clients’ energy demands including procurement and risk management, energy efficiency consulting and planning, all of which are designed to manage the business impact of energy consumption and rising energy costs.
The acquisition of Aqua House will complement and enhance Catalyst’s existing utility consulting services capabilities.
The Water Act 2014 established the framework to create an open market that will allow businesses in England to choose their supplier of water and waste water retail services. The Open Water programme was set up by the UK Government to deliver the competitive market by April 2017.
The water services market is significant for Catalyst, with 20% of the Group’s revenues derived from this area. Catalyst is a market leading energy services company in the UK, providing a full range of integrated services that help its clients manage their energy and utility use and energy efficiency requirements.
Catalyst utility services proposition supports all the key energy issues facing businesses and public sector organisations across the UK. These include business continuity through security of energy supply, value through cost reduction, reduction of carbon emissions and renewable energy.
As a leading consultant on corporate carbon and energy strategy, Catalyst counts a range of major UK energy users among its clients, from the industrial, commercial and public sectors.
Catalyst has excellent high-level working relationships with numerous blue-chip companies including Connells Estate Agents, The Money Shop, and the Impellam Group.
It has excellent strategic relationships across the fast-growing energy services market and also provides specialist services to generators and developers of renewable energy projects.
Established in 2001, Catalyst purchases and manages a significant proportion of the UK corporate energy market on behalf of its clients. The business has a deserved reputation of excellence and innovation, having introduced a number of new services and concepts to the market.
Chris Hurcombe, Managing Director, Catalyst Commercial Services, commenting on the transaction, said:
“We are absolutely delighted to have acquired Aqua House. There is no doubt that the water sector is fast-moving and by bringing together our joint expertise and experience, we will be in an even stronger position to help our clients meet the challenges and opportunities that the new deregulated water market provides. Water management is integral to what we do, and this acquisition forms part of our considerable investment to further develop Catalyst’s utility services capability. We are very pleased to welcome the management team and the employees to Catalyst at this very exciting time for the water industry in general.”
Rebecca Poole, Managing Director of Aqua House added: “We believe that joining Catalyst will allow us to develop our business even further in the SME sector and to continue to provide our customers with a high quality service enhanced by the ability to utilise the wider resources of Catalyst. It should provide us with an opportunity to be recognised as a major player in the commercial water sector".