Utility and energy engineering services contractor OCU Group has acquired team management and automation software provider Insiris for an undisclosed sum.
The deal will bolster Stockport-headquartered OCU’s offering to its power, telecoms, water and transport client base, it said.
CEO Michael Hughes said: “Incorporating Insiris into our service offerings is a leap forward in our commitment to safety and operational excellence in the critically important utilities and energy sectors.”
Adding: “Through this acquisition, we are elevating our capability to provide an integrated, advanced workforce management solution.”
Matthew Summers, co-founder of Insiris, added: “Joining OCU Group—a key player in client-centric solutions for utilities and energy—opens up incredible possibilities.”
OCU Group recently acquired electrical engineering specialist, Hornbill Group, and its subsidiaries for an undisclosed sum, at the time marking the company’s eighth acquisition in 18 months and its fourth to its Energy Services division.
In August 2022, OCU was acquired by Triton Partners, a leading investment firm.
To read more about OCU, click here.
Enjoyed this? Try £1.5bn housing and infrastructure framework open for bids
Get industry news in 5 minutes!
A daily email that makes industry news enjoyable. It’s completely free.