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Announced

Completed

Resurgens Technology-backed EnergyCAP completed the acquisition of Wattics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

software company

Acquisition

Private Equity

Private

Cross Border

Ireland

Majority

Completed

Friendly

Single Bidder

Synopsis

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Resurgens Technology-backed EnergyCAP, a company specialising in energy and enterprise resource planning software, completed the acquisition of Wattics, a provider of energy management analytics and monitoring software. Financial terms were not disclosed. “Our mission is to empower energy and sustainability leaders with actionable data to manage consumption, reduce their carbon footprint, and drive savings. Wattics fits perfectly into our product vision by expanding our platform to include the end-to-end, real-time building- and device-level interval data and analytics necessary to improve energy efficiency and accelerate decarbonization. EnergyCAP and Wattics together become the ideal solution to support and validate the entire customer journey to net-zero," Tom Patterson, EnergyCAP CEO.

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