Danish outfit K2 Management has agreed to acquire UK consultancy Prevailing for an undisclosed price.

Prevailing, which is involved in energy yield analysis, is headquartered in Bristol and also has offices in Scotland, Germany, Australia and the US.

The acquisition is expected to be completed in the fourth quarter of 2017.

Prevailing co-founder Ivar Rush will join K2 Management as director of analysis services.  

K2 Management chief executive Henrik Stamer said: “Acquiring Prevailing is a natural next step in strengthening K2 Management’s service offerings to our clients and will support Prevailing’s customers throughout the life cycle of their projects.”

Rush said: “K2 Management and Prevailing share the same values in terms of quality, client satisfaction, adding value to projects and developing our employees.”

Image: Free Images/Christian Wagner