Deal Snapshot
POWWR MERGES WITH UD GROUP
Thursday 13 February 2020

Connecticut, US-based energy management platform POWWR has merged with UK-based UD Group to create a global end-to-end energy marketplace and strengthen position in front-end sales, contract and risk management solutions for retail energy brokers and suppliers, the company said.
With investment support from leading software investor Five Elms Capital and Elm Park Capital, the combined business will accelerate its product roadmap and add to its strong culture of impressing both its customers and employees.


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Details
Date Published: 13/02/2020
Target: UD Group
Country: UK
Sector: Wholesale/Retail
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: POWWR
Comment:
Terms of the deal were not disclosed

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