Smart Metering Systems

Energy infrastructure company Smart Metering Systems (SMS) has renewed its lease at 48 St Vincent Street in Glasgow, advised by Ryden's office agency team. The decision follows an extensive search for alternative office premises and detailed negotiations, culminating in SMS's commitment to rema

Shareholders of Glasgow-based Smart Metering Systems (SMS) now have an extended timeframe to deliberate the £1.3 billion takeover offer presented by US private equity firm Kohlberg Kravis Roberts (KKR)

The board of Smart Metering Systems (SMS) has received a cash acquisition offer from American global investment firm KKR worth over £1 billion.

Glasgow-headquartered Smart Metering Systems (SMS) has reported robust growth in the first half of 2023, with its index-linked recurring revenues (ILARR) growing 13.3% to £110 million from £97.1m. The firm's smart meter portfolio, which includes meter assets, energy data, grid-scale batt

Successful Scottish businessman and the founder of stock market listed group Smart Metering Systems is to make the largest single investment in Scottish basketball history, as part of a £20 million new basketball arena project for the Caledonia Gladiators. Steve Timoney and wife Alison today a

An increase revenues of 21% to £62.7 million has been reported by Smart Metering Systems (SMS) in its 2022 interim report for the six months ending 30 June 2022. The company's underlying profit before tax was up 7% from £9.6m to £10.3m for the same period last year. Pre-tax profit

Smart Metering Systems (SMS), the Glasgow-based energy tech firm, is returning its furlough cash received from the UK Government. The company had suspended its smart meter installation activities on 22 March 2020 as a result of the developing coronavirus situation. Due to significant uncertainties a

Smart Metering Systems plc (SMS) has conditionally sold a minority of the group’s meter assets to funds managed by Equitix Investment Management Limited for a total gross cash consideration of £291 million. The group expects to receive net cash consideration of £282m, aft