Smart meter giant buys niche SaaS supplier to target water industry
Manchester-based smart meter group Calisen has acquired Advizzo, a company specialising in the provision of a software as a service platform for energy and water smart meter data.
The amount paid for Advizzo, which operates internationally with customers based in the UK, USA, UAE, France, Italy and New Zealand, hasn’t been disclosed.
But one of the advisers on the deal, George Barnes, KBS Corporate Associate Director, said SaaS businesses continue to attract high multiples.
“We are seeing plenty of interest in SaaS busine... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
