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New Deal


Announced

badenova to acquire a 25.1% stake in epilot from enercity.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

eCommerce Cloud

Acquisition

Minority

Pending

Single Bidder

Germany

Domestic

Private

Friendly

Synopsis

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badenova, a modern energy and environmental service provider that supplies natural gas, electricity, and water, agreed to acquire a 25.1% stake in epilot, a ecommerce cloud for energy providers, from enercity, an energy provider. Financial terms were not disclosed. "We want to support our customers in the best possible way in the energy transition. For this to succeed, strong partners are essential: Together with epilot, we will further expand our powerful digital ecosystem, which is why it is a logical step to participate in epilot as a shareholder," Hans-Martin Hellebrand, badenova Board Member.

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