M&A Deal Summary

ESG Global Acquires Utiligroup

On April 18, 2017, ESG Global acquired software company Utiligroup from NorthEdge Capital

Acquisition Highlights
  • This is ESG Global’s 1st transaction in the Software sector.
  • This is ESG Global’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-04-18
Target Utiligroup
Sector Software
Buyer(s) ESG Global
Sellers(s) NorthEdge Capital
Deal Type Add-on Acquisition

Target

Utiligroup

Chorley, United Kingdom
Utiligroup is a provider of unique combination of software and services to global energy markets. Utiligroup has a proven track record of delivering its solutions to energy suppliers, energy traders, utilities asset management companies and metering agents. Its software has been implemented for large scale multi-nationals and small new entrants with ambitious growth plans.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ESG Global

Chorley, United Kingdom

Category Company
Founded 1998
Sector Business Services
DESCRIPTION

ESG Global is a provider of transaction management (EDI), billing and CIS, and wholesale energy services. Offering the industry’s only end-to-end business process solution, ESG provides comprehensive and proven solutions for the unique business process needs of start-up retail suppliers and established, global suppliers of natural gas and electricity and to everyone in between. ESG Global was founded in 1998 and is based in Chorley, United Kingdom.


DEAL STATS #
Overall 2 of 8
Sector (Software) 1 of 4
Type (Add-on Acquisition) 2 of 8
Country (United Kingdom) 1 of 3
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-17 Latitude Technologies

Allen, Texas, United States

Latitude Technologies, Inc. is a provider of IT services to energy marketers, interstate natural gas pipelines, energy data aggregators, and energy management firms to encrypt, decrypt, translate, and track their key energy transactions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-24 iSIGMA

Norcross, Georgia, United States

iSIGMA, Inc. is a provider of an advanced SaaS solutions to meet the most demanding challenges that utilities and energy resellers face in service of their customers. iSIGMA has been providing a powerful, fully integrated web-based Customer Care and Billing solution with impressive functionality and flexibility to Retail Energy Providers, TDSPs, Investor Owned Utilities, Energy Aggregators, Co-ops and Municipals in the regulated and deregulated markets.

Buy -

Seller(S) 1

SELLER

NorthEdge Capital

Manchester, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 900M GBP
Size Large
Type Sector Agnostic
DESCRIPTION

NorthEdge is a lower mid-market buy-out and development capital investment firm focused on investing in the Northern part of the UK. NorthEdge looks to commit £2 to £50 million in companies generating at least £5 million revenue and £0.5 million in profits. NorthEdge does not have any stated sector preferences and seeks to work alongside ambitious management teams when pursuing transactions. The Firm launched its firms fund in 2011 and has offices in Manchester and Leeds.


DEAL STATS #
Overall 5 of 22
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 9
Country (United Kingdom) 5 of 21
Year (2017) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Clearly Drinks

Sunderland, United Kingdom

Clearly Drinks is a soft drinks manufacturer, bottler and distributor operating in the fast-growing flavored spring water sector. Clearly Drinks was founded in 1885 and is based in Sunderland, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-26 Future Industrial Services

Liverpool, United Kingdom

Future Industrial Services is a provider of Waste Management and specialised Industrial Services to meet the requirement of Government Agencies, Local Authorities, Public Utilities, national and multi-national companies. All of who demand the highest standards and cost effective solutions to their waste management, industrial cleaning, emergency spillage response, decommissioning and decontamination requirements. Future Industrial Services was founded in 1999 and is based in Liverpool, United Kingdom.

Buy £16M