The London corporate team acted for eEnergy Group Plc on its acquisition of Beond Group Limited. The team also assisted with the associated placing to raise £3 million. Beond is a top 20 energy consulting and procurement business whose services aim to reduce costs for clients and tackle climate change.
The acquisition is in-line with eEnergy’s strategy to develop as a broader energy services company through its “buy and build” acquisition strategy, targeting adjacent businesses with energy management and efficiency capabilities, which offer strategic and synergistic growth opportunities.
Fieldfisher corporate partner Dominic Gurney-Champion and associate Jessie Abrahamson-Flynn led on the deal assisted by senior associate Toby Usher, solicitor Keon Stewart and trainees Chris Tang and Jas Sembi. The corporate team also received cross-departmental support from George Orman (Employment) and Tamsin Nicholds, Mark Gearing and Andrew Loan (Tax and Equity Incentives).
This is our second M&A deal for eEnergy in this half of the year since having been appointed as their legal advisers earlier in the year.
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