Eight Advisory supported Stark on its acquisition of Siemens’ Energy Services business in the UK 

Stark, founded in the United Kingdom, is a leading provider of energy data, metering and infrastructure services, supporting businesses in measuring, managing and reducing energy consumption. With a focus on innovation and sustainable growth, Stark delivers smart metering, data analytics and infrastructure solutions that play a critical role in the UK’s energy transition. The acquisition significantly expands Stark’s field operations, doubling its engineering workforce to more than 250 and enhancing its ability to deliver high-accuracy metering solutions and advanced infrastructure services. 

Macquarie Capital, the advisory, capital markets and principal investment arm of Macquarie Group, has a long track record of supporting companies with growth-oriented investments. Leveraging its global reach and sector expertise, Macquarie Capital partners with businesses to deliver innovative solutions and drive long-term value creation. 

Siemens’ Energy Services business in the UK has established itself as a trusted provider of metering and infrastructure services, supporting energy suppliers, network operators and end-users. The business also operates the national gas prepayment infrastructure, serving millions of households, and brings deep engineering expertise that will be instrumental in supporting future growth under Stark’s leadership. 

The acquisition aims at combining Stark’s data-driven solutions with Siemens’ engineering excellence to create a stronger, more comprehensive platform to serve the UK’s energy services market. Customers will benefit from broader capabilities, deeper technical expertise and greater responsiveness in support of the UK’s transition to a smarter and more sustainable energy system. 

“This acquisition brings together Siemens’ unrivalled engineering experience and Stark’s ingenuity with data services to steer the UK’s energy transition and enable our customers to be perfectly positioned to manage it. Our mission at Stark is to empower customers with best-in-class data, metering and infrastructure – and this opportunity enhances our ability to do just that.
— Alex Warren, CEO, Stark 

Eight Advisory team members supporting this transaction:  

• Financial due diligence: Daniel Parsons (Partner), Amen Sangha (Director), Tristan Durteste (Analyst) 

• Carve-out assessment: Nick Breadner (Partner), Heidi Lai (Senior Manager), Himshikha Arya (Senior Manager), Ellie Stonell (Senior Manager), Sebastian Marriott (Senior)