Add-on Acquisition • Software

Schneider Electric Acquires WattBuy

On August 21, 2025, Schneider Electric acquired software company WattBuy

Acquisition Context

This is Schneider Electric’s 9th transaction in the Software sector.
This is Schneider Electric’s 22nd transaction in the United States.
This is Schneider Electric’s 1st transaction in Washington.

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M&A Deal Summary
Date	August 21, 2025
Target	WattBuy
Sector	Software
Buyer(s)	Schneider Electric
Deal Type	Add-on Acquisition

Target Company

WattBuy

Bellevue, Washington, United States

WattBuy is a software platform that helps consumers and businesses make data-driven decisions around energy. Using proprietary data models and integrations, it personalizes electricity plans, rooftop solar quotes, and total energy cost projections to simplify and accelerate home and business electrification. WattBuy is based in Bellevue, Washington.

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Buyer Overview 1

Buyer

Schneider Electric

Rueil Malmaison, France

Category	Company
Founded	1836
Sector	Electrical Equipment
Employees	155,822
Revenue	38.2B EUR (2024)

DESCRIPTION

Schneider Electric is a provider of electricity distribution, automation management and produces installation components for energy management. Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. Schneider Electric was founded in 1836 and is based in Rueil-Malmaison, France.

Deal Context for Buyer	#
Overall	42 of 42
Sector: Software	9 of 9
Type: Add-on Acquisition	38 of 38
State: Washington	1 of 1
Country: United States	22 of 22
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2023-12-14	AutoGrid Redwood City, California, United States AutoGrid builds AI-powered software applications that enable a smarter distributed energy world. The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers, and energy service providers to deliver clean, affordable, and reliable energy by optimizing networked distributed energy resources (DERs) in real-time and at scale. AutoGrid was formed in 2011 and is based in Redwood City, California.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2023-12-14

AutoGrid

Redwood City, California, United States

AutoGrid builds AI-powered software applications that enable a smarter distributed energy world. The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers, and energy service providers to deliver clean, affordable, and reliable energy by optimizing networked distributed energy resources (DERs) in real-time and at scale. AutoGrid was formed in 2011 and is based in Redwood City, California.

Sell

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