Regenda acquires energy efficiency company
Ecogee has become a subsidiary of the Liverpool construction and development group, helping grow Regenda’s expertise in retrofit and green technology installation.
Ecogee was founded in 2012 and specialises in both energy efficiency and construction. It has experience in fabric insulation, air source heat pumps, solar panels, and ventilation systems.
The company is also known for its work under the government’s Energy Company Obligation project to help improve energy efficiency in existing homes.
As part of Regenda Group, Ecogee will continue to operate out of its Aintree office with Brendan Helm as managing director. Helm and his team of more than 60 staff will work closely with fellow Regenda Group subsidiary, M&Y Maintenance and Construction. M&Y’s managing director is Gill Kelly.
Kelly shared why Regenda was keen to bring Ecogee on board.
“As a regeneration group which includes a housing association, we understand the pressure of fuel poverty and the shortage of great contractors in the market to service the growing demand for energy efficiency works,” she said.
“By bringing the expertise of Ecogee into the Regenda Group we are confident that we can increase the capacity within the supply chain to deliver energy-efficient improvement works to existing and new clients”.
Reflecting on the acquisition, Helm said: “The Regenda Group is well known for its role in regeneration and making a positive impact in local communities and we share the same values at Ecogee.
“We recognise that the opportunity to join forces will enhance the impact we are making towards the planet and in people’s pockets through our offer”.
Brabners provided legal advice on the acquisition, while Cowgills assisted in business valuation and financial due diligence.
In addition to M&Y and Ecogee, the Regenda Group also includes social housing provider Regenda Homes, property agency Redwing, and housing need support provider Petrus.
Charity Centre 56, learning programmes provider Positive Footprints, training provider The Learning Foundry, and National Communities and Resource Centre at Trafford Hall also fall under the Regenda Group umbrella.
