ENSEK snaps up another firm to take headcount to 550

ENSEK, the Nottingham retail energy SaaS software provider, has acquired Zoa in a deal which will see the company increase its headcount to 550.

Zoa’s AI-powered home energy management platform will complement ENSEK’s Ignition retail operating platform, in a move which the company says will create a tech suite of that will support its customers’ increasing need to digitise and help accelerate the energy transition.

As part of the deal, Zoa’s team of more than 45 employees will become part of ENSEK.

Jon Slade, chief executive officer at ENSEK, said: “The acquisition of Zoa is an important next step in realising our strategic vision to deliver a secure and sustainable energy system of the future. Bringing together our two businesses means we will be able to provide customers with an expanded offering, creating a unique platform for a new era of energy. This is an extremely exciting milestone not just for ENSEK and Zoa, but for our current and future customers.”

Zoa was formed following UK energy supplier Bulb going into administration.

Sara Brooks and Tom Fraine, Zoa’s Co-CEOs, said: “We are incredibly proud of the platform and business we have built at Zoa over the last two years. We recognise the need to move faster to meet the urgency of the energy transition, and joining forces with ENSEK strengthens our capabilities and supercharges our impact and will help millions of homes in the UK and beyond to decarbonise.”