Smith Square Partners acted as financial adviser to Fulcrum in the sales of the domestic customer gas connection assets to E.S. Pipelines Limited

Smith Square Partners advised Fulcrum, the UK’s market leading independent energy and multi-utility service provider, in the sale of its domestic customer gas connection assets including the order book and associated meters to E.S. Pipelines Limited, the gas networks distributor to homes, communities, industrial, and commercial customers in the UK. The gross consideration for the assets was GBP 46m.

This is Smith Square’s third transaction for Fulcrum.

Smith Square Partners

Advised in the sale of

Fulcrum (customer gas connection assets, incl. orderbook and associated meters)


E.S. Pipelines Limited


MidCap Alliance