
Lyceum-backed M&C acquires UML
Lyceum Capital-backed M&C Energy Group has acquired Utility Masters Limited (UML).
This is the fourth acquisition in 12 months for M&C, following a £22m investment by Lyceum in January 2010. M&C is an energy procurement and compliance specialist which is headquartered in Fife and has operations across Europe. Following the latest acquisition, the company's turnover will increase to £40m.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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