Investment Summary

ENGIE Invests In Flashnet SA

On July 4, 2018, ENGIE invested in information technology company Flashnet SA

Investment Highlights
  • This is ENGIE’s 1st transaction in the Information Technology sector.
  • This is ENGIE’s 1st transaction in Romania.

Investment Summary

Date 2018-07-04
Target Flashnet SA
Sector Information Technology
Investor(s) ENGIE
Deal Type Stake Purchase

Target

Flashnet SA

Brasov, Romania
Flashnet SA is a Romanian Internet of Things (IoT) company. Flashnet develops intelligent energy management systems for cities. Flashnet is continuously focusing on R&D which allows it to be at the forefront of IoT developments and launch innovative solutions for municipalities.

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Investor(S) 1

Investor

ENGIE

Courbevoie, France

Category Company
Founded 1880
Sector Utilities
Revenue 73.8B EUR (2024)
DESCRIPTION

ENGIE is a French utility company that provides electricity generation and distribution, natural gas, and renewable energy. ENGIE was founded in 1880 and is based in Courbevoie, France.


DEAL STATS #
Overall 23 of 31
Sector: Information Technology M&A 1 of 1
Type: Stake Purchase M&A Deals 2 of 2
Country: Romania M&A 1 of 1
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-23 MesDépanneurs.fr

France

MesDépanneurs.fr is a platform for emergency repair services. MesDépanneurs.fr was established in 2013 and is based in Paris, France.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-27 SAMEOLE

Carpiquet, France

SAMEOLE is an independent developer of wind projects in France. SAMEOLE has developed a portfolio of wind projects in seven regions, mainly in northwestern and southwestern France. The team is made up of 20 developers divided into 4 territorial agencies in Caen, Toulouse, Valence and Pacé (Brittany).

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