Stark announces the acquisition of WPD Smart Metering, a natural next step for the businesses who have an established partnership for over 15 years.  

The move comes at a time where Stark is fast developing the leading data and services platform for commercial and industrial energy consumers.  This news follows on from a number of other acquisitions undertaken by Stark in recent years including Stark Technical Services in 2017, Stark Utility Funding Limited in 2018 and Squire Energy in 2019 whilst also launching internationally in Dubai earlier this year. 

By bringing best in class non-domestic electricity metering expertise in house, Stark is even better positioned to deliver a market leading data experience and reinforce its position of being the UK’s number one non-domestic energy data and service champion.  The group will offer a seamless, end to end service for suppliers, intermediaries and end-consumers.  

 

We are thrilled to announce our expansion of services to include MOP capabilities through the acquisition of WPD Smart Metering, so that we are now even better positioned to direct our combined resources to meet our mission of providing excellent data quality for customers.   

Stark will retain WPD Smart Metering’s current employees whilst promoting investment to help support the team to become an integral part of the overall Stark business. This provides an invaluable opportunity to enhance our service offering further and complement our existing expertise.  

Alex Warren, Stark Group CEO  

“This is a natural evolution between Stark and WPD Smart Metering, we have had a great working partnership over the last 15 years. This deal opens a new chapter, with new investment and will undoubtedly help improve the data experience for our customers. 

By bringing best in class non-domestic electricity metering expertise in house, Stark reinforces its position of being the UK’s number one non-domestic energy data and service champion.  The group offers a seamless and complete service offering for suppliers as well as partners and customers. 

The convenience for our customers to have one company to partner with to manage a comprehensive service from infrastructure and metering deployment through to one platform to analyse energy consumption is a milestone we have worked hard to achieve in recent years.  

This is ever more critical as we help businesses and public sector organisations better manage energy consumption across their estates to understand and identify opportunities for efficiencies as we all strive to deliver net zero journey

This move increases our footprint in offerings to the Energy Sector and is another step for us to becoming the UK’s energy services champion.”

Roger Sparks, Managing Director – WPD Smart Metering  

“WPD is extremely proud of the Smart Metering team which has played a key role in our company’s success over many years and consistently delivered exceptional service for its customers. We were not looking to sell the business, but when we were approached by Stark it presented a fantastic opportunity for all parties. Stark and WPD Smart Metering have worked together for more than 15 years and we share a common ethos and set of values. We are therefore confident that this presents an excellent opportunity for the WPD Smart Metering team to continue its growth within a business focussed solely on building a market leading, non-domestic, electricity metering service.”

Joel Stark, Stark Group Executive Chairman

“Bringing Stark and WPD Smart Metering together is a natural evolution of our fifteen year partnership. Uniting Stark’s data expertise with WPD SMs deep strengths in delivering non-domestic electricity metering will deliver greater convenience, data and insights for our customers and partners and I couldn’t be more excited to welcome the team to Stark.”