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  5. Intellihub Group Acquires GreenSync

M&A Deal Summary

Intellihub Group Acquires GreenSync

On April 26, 2022, Intellihub Group acquired information technology company GreenSync

Acquisition Highlights
  • This is Intellihub Group’s 1st transaction in the Information Technology sector.
  • This is Intellihub Group’s 1st transaction in Australia.

M&A Deal Summary
Date 2022-04-26
Target GreenSync
Sector Information Technology
Buyer(s) Intellihub Group
Deal Type Add-on Acquisition

Target

GreenSync

Melbourne, Australia
GreenSync builds software that allows resources like solar, battery storage, and electric vehicle chargers to help deliver ever more affordable, reliable, renewable electricity for all. The company's flagship product, deX, digitally connects these consumer devices, at scale, to bigger energy market participants, transforming the low voltage grid from a one-way channel for the flow of power into a united, integrated energy and information network. GreenSync was formed in 2010 and is based in Melbourne, Australia.

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Buyer(S) 1

Buyer

Intellihub Group

Sydney, Australia
Category Company
Founded 2018
Sector Energy Services and Equipment
DESCRIPTION

Intellihub Group is a provider of smart metering in Australia and New Zealand. It performs an essential, regulatory role in the electricity network, with an increasing importance as both the supply and consumption of electricity becomes more dynamic. Intellihub Group was founded in 2018 and is based in Sydney, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2022 M&A 1 of 1
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