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© 2023 Stark Software International (Holdings) Limited. Company number 09978378. All rights reserved.

Stark announces successful completion of the acquisition of Siemens UK Energy Services, building unrivalled scale and expertise in data and metering services for UK businesses

Stark successfully completed the acquisition of the assets of Siemens UK Energy Services (EYS).  As part of this transaction, EYS’ assets, contracts, customers and people will transfer to Stark Energy Services Ltd, a new subsidiary of the wider Stark Group. EYS customers will be unaffected by this change, and both Stark and EYS have collaborated closely over recent months to ensure a smooth transition.

This combination creates the market leader in the delivery of data and metering services to industrial, commercial and public sector consumers. With over 850 energy professionals, and a field team of over 250, Stark is uniquely placed to serve the needs of large energy consumers, third party intermediaries and energy suppliers.

“With this acquisition, we bolster our engineering expertise - taking our field force to 250 engineers – and almost doubling our in-house capacity.  This team is wholly focused on the complex needs of industrial and commercial consumers and is the largest concentration of appropriately qualified engineers in the market.

Paired with Stark’s deep data heritage, Stark is best placed to meet the needs of large consumers as they navigate an extremely turbulent time for energy costs and the industry transition to Market-wide Half Hourly Settlement (MHHS); where success depends on robust, well-maintained metering providing constant, high-quality, high-resolution data.

We also welcome new capabilities into the group, including EYS’ high-accuracy metering team – an established leader in delivering metering for transmission-connected and generation sites, as well as the stewardship of EYS’ gas pre-payment business, serving the needs of millions of gas pre-pay consumers.”

Alex WarrenCEO, Stark

“I am delighted to welcome the Siemens EYS team to the Stark group.  We share a common set of values and deep understanding of the challenges and opportunities facing larger energy consumers.  For Stark, it caps a 45-year journey, from bootstrapped energy software start-up to the market leader in data, metering and infrastructure services for UK business.”

Joel StarkExecutive Chairman, Stark

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