Utilitywise is pleased to announce the acquisition of t-mac Technologies Ltd. The acquisition is in line with the Company’s stated strategy of broadening its service offering and, in particular, expanding into energy management systems.
T-mac’s modern, cloud-based technology provides Utilitywise with the assets and skills to offer new value-added subscription services to its customers as part of a complete Utility Management Plan which covers Procurement, Management, Monitoring, and Reduction of electricity, gas and water.
Through its own proprietary technology and software, t-mac provides business energy management systems (BEMS) which enable clients to monitor and reduce their utility consumption, make savings and helping them comply with Government legislation. Founded in 2004 and based in Chesterfield with 28 employees, t-mac services both SME and I&C (industrial and commercial) customers in the retail, education, manufacturing, transport, and leisure sectors. T-mac has significant market experience and a strong reputation across market segments where Utilitywise is already successful, and where demand for energy management solutions is buoyant.
The market for BEMS is growing and modern cloud-based Software as a Service (SaaS) platforms, such as t-mac, provide significant cost advantages over traditional solutions which require intensive capital investment and offer long term ROIs.
We know that our customers are increasingly looking for rapid impact, cost-effective services that provide them with more control over their electricity, gas and water usage, to help drive their business efficiency agenda as well as mitigate against future price volatility. This acquisition continues to expand our broad range of services that address the breadth of our customers’ energy needs.
The acquisition of t-mac Technologies will play a major role in helping us to deliver significant added-value services and develop closer, relationships with existing customers, as well as supporting our new customer acquisition strategy.