Hill Dickinson has advised the shareholders of Duality Group, a provider of heating, energy saving and renewable solutions, on the sale of the Duality Group to Sureserve.
Founded in 2016, Duality Group has been a key player in the UK energy solutions industry in both the residential and commercial sectors, specialising in particular in the provision of innovative energy solutions. Dyson Energy Services, nationwide heating services contractor Gas Call and gas maintenance business WRB Gas are all part of the Duality Group.
Sureserve is the UK’s leading provider of energy and compliance services to the social housing sector, providing services to homes and businesses across the UK.
Sureserve’s acquisition of all three Duality Group businesses will enable Sureserve to broaden its geographic coverage and deepen its service offering. The acquisition is in line with the group’s ambition to be the partner of choice to the social housing and related public sector in providing essential and affordable heating, energy saving and compliance solutions, playing a key and progressive role in decarbonisation.
Leading on the provision of legal advice to the shareholders of Duality were Hill Dickinson corporate partner and the head of the firm’s Liverpool office, Matt Noon, assisted by senior associate, Alex Thow. Cowgills, led by Ben Barlow, provided lead corporate finance services to the Duality shareholders.
Matt Noon said:
“We are delighted to have supported the shareholders of Duality Group, long-term clients of the firm, with this significant transaction. I have no doubt that this will prove to be a very successful acquisition for Sureserve given the quality of the Duality Group business and its management team.”
Duality Group CEO Shaun Maclean added:
“Joining the Sureserve Group was a substantial transaction for us, giving us a fantastic opportunity to grow the Duality Group businesses and continue to deliver for our clients right across the UK. Given the scale and complexity of the deal, it was important for us to be surrounded by advisers who understood our business and who we knew we could trust. Matt and Alex at Hill Dickinson were great for us in that regard – they were pro-active at all times and provided us with commercially-focused and pragmatic advice throughout the deal. Both were a pleasure to deal and work with.”
Duality Group’s 421 employees will become part of the enlarged Sureserve Group’s 3200 employees across the UK.
