Energy tech firm sold to global group in NorthEdge Fund III exit
An energy technology and data services business has been acquired by a global energy transition group in a deal that delivers a 4.7x gross return for its private equity backer.
Correla has been bought by Esyasoft Technologies, marking the first realisation from NorthEdge Fund III and the private equity firm's tenth technology sector exit.
NorthEdge invested in Solihull-based Correla in 2021, backing founder and CEO Sian Jones and her team with a strategy focused on expanding the business across the UK energy market and supportin... 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...
