B Capital Partners-backed MP Energie+Service completed the acquisition of Kiepe Mess- und Wärmetechnik.

Synopsis

B Capital Partners-backed MP Energie+Service, a German smart meter company, completed the acquisition of Kiepe Mess- und Wärmetechnik, a provider of heating cost and utility billing services intended for residential and commercial properties. Financial terms were not disclosed.

Principals

target

Kniepe Mess- Und Wärmetechnik & Co Kg

bidder

B Capital Partners

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Market Context