Energy procurement consultancy The Energy Brokers Limited (TEBL) has been acquired by Consultus in a management buyout led by managing director Andrew Staley. The terms of the transaction have not been disclosed.
TEBL is a third-party intermediary set up in 1994 focusing on the industrial and commercial sector. Although it has a new management team, TEBL said it remains under the guidance of Staley, who has ­managed the business since 2009.