Gridspertise, a leading technology company enabling grid modernization through intelligent solutions, has acquired the entire share capital of Energyworx, a pioneer in cloud-based Energy Data Management solutions, from its shareholders EDP Ventures, and SET Ventures. Energyworx and Gridspertise will together shape the future of energy distribution. The acquisition unlocks significant added value for Gridspertise customers thanks to the incorporation of the impressive capabilities of Energyworx solutions to manage high-volume smart metering and sensor data in real time.
Founded in 2012, Energyworx is a cloud-native time series platform designed to automate energy data processing. The company offers preconfigured modules that can be adjusted to address a wide range of data-related challenges and provides scalable meter and grid analytics for optimised performance. DSOs, metering companies, data hubs and cooperative utilities deploy Energyworx’s solutions to support their core processes from hundreds to millions of smart meters.
IMPROVED acted as the exclusive corporate finance advisor to Energyworx and its shareholders on the sale to Gridspertise. The transaction unlocks significant synergies combining complementary solutions to strengthen distribution grid intelligence and resilience. With mounting grid stress from electrification and ageing infrastructure, we see utilities and strategics prioritising scalable digital platforms to optimise grid capacity and flexibility. Execution credibility is decisive; Energyworx’s proven access and Gridspertise’s global expertise position the combined business to lead and capture ongoing strategic interest.
