CVC to acquire a 50% stake in Gridspertise from Enel Group for $487m.

CVC Capital Partners, a private equity firm, agreed to acquire a 50% stake in Gridspertise, a smart grid operator, from Enel Group, an energy company, for $487m. "We are excited about this investment and look forward to working closely with Enel and the management team led by Robert Denda to further improve Gridspertise’s go-to-market capabilities, diversify the current geographical footprint and optimise operational performance," Andrea Ferrante, CVC Senior Managing Director.