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Announced

Completed

ESG completed the acquisition of Pandell.

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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financial software

Friendly

Completed

Private

Single Bidder

Software

Cross Border

Canada

Acquisition

Majority

Synopsis

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ESG, an energy SaaS solutions provider, completed the acquisition of Pandell, a SaaS land and financial application for the energy sector. Financial terms were not disclosed. "Since our founding in 1997, ESG has been providing mission-critical software solutions across the energy ecosystem. Our market experience paired with technology expertise have long helped energy retailers, traders, and asset infrastructure companies to stay ahead of an ever-changing energy landscape, consumer demands and regulatory requirements. With the addition of Pandell, we now serve customers across a broader portion of the energy value chain. We are excited to welcome the brilliant Pandell team to ESG and jointly bring more solutions to the table that help energy players stay ahead as the world works toward energy transition, helping our customers unleash the power in their hands," Matt Hirst, ESG CEO.

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