Lakehouse has completed the acquisition of Providor in a deal worth over £4 million.

Providor will operate within Lakehouse's Energy Services division and complement Everwarm’s existing offering, by providing critical mass in the high growth smart metering market, which forms part of the Government’s £11bn scheme to upgrade the UK’s energy infrastructure and improve competition by 2020.

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Commenting on the deal, Stuart Black, Executive Chairman of Lakehouse said: "Providor’s specialist skills, client base and business infrastructure gives us a platform for capitalising on the growth opportunities from within the UK energy services industry.

"As stated at the time of Admission, Lakehouse has a proven track record of acquiring and integrating businesses which complement and enhance our organic growth profile."

(LM)