Effective Utilities
Acquirer / Funder
Arrow Comms
Value
<£5m
Deal Type
Sale
Sector
Utilities
Location
UK
Overview
When Effective Energy Group decided to concentrate on renewable energy solutions they turned to Eastwood Anglo to find a buyer either for the shares of the company or for the book of commercial energy contracts owned by Effective Utilities. This was an unusual transaction for us, involving detailed analysis of the outstanding contracts, checking on legal assignability and buyer due diligence to ensure the contracts ended up in the right home to ensure clients continued to get the service that Effective had been providing. We collated offers and recommended a sale to Arrow Business Communications, now part of the ARO Group.
