A sale to Octopus Energy, without a second adviser
Kuppa's software replaced the home energy survey. We ran the sale that took it to Octopus Energy, and did both the transaction documents and the completion accounts, so the founders never briefed two sets of advisers on the same deal.
The aim was to avoid two firms briefing each other at the founders' expense.
Kuppa assesses a home's solar, heat pump and battery potential from satellite data, smart meter data and public records, in seconds and without sending a surveyor. It had done that for more than 250,000 homes.
Octopus Energy wanted the technology and the team. The founders did not want to run the sale through a law firm and a corporate finance firm briefing each other at their expense.
Three workstreams, largely in parallel
The transaction documents
We acted on the legal side throughout, from term sheet to signing, against an acquirer with far more resource on the other side of the table.
The completion accounts
The corporate finance work that usually needs a second firm sat with the same team. The sellers engaged once.
The points worth arguing
We took a view early on which points changed the outcome and which did not, and conceded the second kind quickly. That is where the time came from.
Alongside all of it
One team did both the legal and the finance work, so nothing had to be explained twice, and the founders did not have to manage the process.
One adviser, not two
Usually the law firm and the corporate finance firm are briefed separately and check each other's work at the client's expense, and the numbers only meet the drafting at the SPA stage. On Kuppa one team did both.
The usual way: two advisers, one hand-off.
The law firm and the corporate finance house are briefed separately and reconcile with each other at your expense.
Kuppa's technology and team went into Octopus Energy in November 2025.
The people in the first conversation ran the deal.
Heading into a sale? Call us before, not after.
If you are selling and would rather not run two sets of advisers, talk to us early. The earlier the call, the more we can add. The first conversation costs nothing.