Retail Energy Buyer

Subscribe to the free weekly newsletter written just for retail energy buyers

Utilitywise Buys t-mac Technologies to Boost Energy Management Offerings

April 22, 2015 By Linda Hardesty

UtilityWiseUK Energy consultant Utilitywise acquired t-mac Technologies for an initial investment of $15 million and up to a further $18 million as part of its strategy of broadening its service offering and expanding into energy management systems.

Founded in 2004 and based in the UK with 28 employees, t-mac  Technologies services both small- and medium-sized businesses as well as industrial and commercial customers in the retail, education, manufacturing, transport, and leisure sectors with its own proprietary technology and business energy management software.

Utilitywise intends to offer t-mac’s cloud-based technology as part of a new value-added subscription service to its customers. Its complete Utility Management Plan will cover procurement, management, monitoring, and reduction of electricity, gas and water.

Leave a reply


*