M&A Deal Summary

Apogee Acquires EnergyX

On February 7, 2024, Apogee acquired information technology company EnergyX

Acquisition Highlights
  • This is Apogee’s 1st transaction in the Information Technology sector.
  • This is Apogee’s 1st transaction in Canada.
  • This is Apogee’s 1st transaction in Ontario.

M&A Deal Summary
Date 2024-02-07
Target EnergyX
Sector Information Technology
Buyer(s) Apogee
Deal Type Add-on Acquisition

Target

EnergyX

Toronto, Ontario, Canada
EnergyX is an AI-powered SaaS company that enables utilities to leverage data science to increase customer participation in energy efficiency programs while simultaneously lowering the utility’s cost to engage and serve a customer. EnergyX is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Apogee

Tucker, Georgia, United States
Category Company
Founded 1993
Sector Software
DESCRIPTION

Apogee is a provider of customer engagement software for utilities, serving the energy industry. The company's customer engagement platform helps utilities establish ongoing digital relationships with customers, helping them engage and educate customers, reduce costs, achieve behavioral energy efficiency, and grow customer satisfaction. Apogee’s solution enables personalized, relevant, video-based messaging through multiple channels, drives self-service, and improves operational efficiencies through marketing automation. Its client base includes hundreds of IOU, municipal, cooperative, and gas utilities. Apogee was formed in 1993 and is based in Tucker, Georgia.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
Mergr

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