Energy Services Group Acquires Utiligroup from NorthEdge Capital

Published: Apr 18 2017
Deal Summary

Energy Services Group (ESG), a provider of technology solutions to the retail energy and utility industries, has acquired Utiligroup Ltd., a provider of SAAS (Software as a Service) solutions to the utilities and energy industry, from NorthEdge Capital LLP, a private equity firm.

Utiligroup, founded in 1997, is a provider of SaaS solutions to the utilities and energy industries and has been delivering Energy2.0, the emergence of the independent energy market and the analogue to digital smart meter revolution.

Results International Group LLP acted as financial advisor while Brodies LLP and Kirkland & Ellis LLP acted as legal advisor to ESG for the transaction.

The acquisition enables ESG to expand its global customer footprint and accelerate its product innovation roadmap.

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