April 2025
M Group
AgilityEco
Aran Group
Adviser to AgilityEco and M Group on their acquisition of Aran Group
£undisclosed
Grant Thornton team
Energy and natural resources
Buy side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised on the acquisition of Aran Group by M Group and AgilityEco.

AgilityEco is a managing agent for retrofit programmes delivered nationwide, with a core mission to lift households out of fuel poverty. In 2024, AgilityEco was acquired by M Group Services, a CVC-backed provider of essential infrastructure services employing over 13,000 people across the UK.

Aran Group is a specialist provider of energy efficiency measures—including insulation, solar PV, and heat pumps—primarily serving the social housing sector.

The acquisition of Aran Group deepens M Group’s presence in the growing home decarbonisation market. It represents a key step in AgilityEco’s strategy to expand further into the local authority and social housing markets by building on its existing capabilities to establish a turnkey retrofit offering. 

We provided integrated buy-side, FDD, TDD and SPA advisory services to achieve a smooth and excellent outcome for our client. 

As a firm, we leveraged our extensive retrofit and decarbonisation sector expertise to effectively conduct due diligence and ultimately project manage the transaction to a successful completion for all parties.

Deal Lead Usman Malik commented “We are delighted to have provided a fully integrated M&A / Corporate Finance buyside advisory solution to AgilityEco & M Group on their acquisition of Aran Group. The strategic acquisition enhances the group’s home decarbonisation service offering and services to a wider Local Authority & Social Housing client base. This represents another great energy, decarbonisation & sustainability services credential adding to our strong track record in this important sector “

“We are delighted with the support provided by Grant Thornton on this transaction. Their integrated multi-disciplinary team enabled efficient transaction execution and they delivered to an exceptional standard. We value our partnership and look forward to working together on future transactions.”
Jonathan Yarr Executive Director M&A, M Group