M&A Deal Summary

GridX Acquires Innowatts

On September 2, 2025, GridX acquired internet software and services company Innowatts

Acquisition Highlights
  • This is GridX’s 1st transaction in the Internet Software and Services sector.
  • This is GridX’s 1st transaction in the United States.
  • This is GridX’s 1st transaction in Texas.

M&A Deal Summary

Date 2025-09-02
Target Innowatts
Sector Internet Software and Services
Buyer(s) GridX
Deal Type Add-on Acquisition

Target

Innowatts

Houston, Texas, United States
Innowatts is a specialized provider of advanced load forecasting and utility planning analytics. Innowatts is based in Houston, Texas.

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Buyer(S) 1

Buyer

GridX

Walnut Creek, California, United States

Category Company
Sector Software
DESCRIPTION

GridX develops an enterprise rate platform for the energy sector. GridX's cloud?based solutions are designed for electric utilities, retail energy suppliers, and community choice aggregators to model, implement, and manage complex rate structures, to support decarbonization and clean energy adoption. GridX is based in Walnut Creek, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1