Liberum named Joint Broker to Utilitywise plc

Liberum has been appointed Joint Broker to Utilitywise plc (Ticker: UTW LN), a leading independent utility cost management consultancy.

The Newcastle-based business was founded in 2006 and brought to market in 2012.

It provides energy and water management products and services to both SME and large corporate customers, principally in the UK but also in Europe.

These services are focused on helping businesses reduce their energy and water consumption and achieve savings from their utility contracts.

Utilitywise now has 1,010 staff and revenue has climbed more than four-fold since 2011 to £48.6m  in 2014, driven principally by organic growth.

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