IMServ to be sold by Schneider Electric to Blue Water Energy

IMServ Europe Limited has announced to customers that their owners, Schneider Electric, have signed an agreement with Blue Water Energy LLP for the sale of IMServ.

Bluewater is a London-based middle-market private equity firm, specialising in the energy sector.

IMServ is a provider of metering and data services to the energy market and has around 525 employees, primarily in the UK.

The date of the closing, should be effective in Q3 2021.

More details to follow.

UK, London & UK, Milton Keynes & France, Rueil-Malmaison

Landis+Gyr to acquire utility analytics company GRIDiant Corporation

landisand gyrLandis+Gyr is acquiring GRIDiant Corporation, a utility analytics company focused on the electric distribution grid.  Advanced grid analytics enable utilities to extract business value from large data sets, as smart meters and other grid devices to provide in-depth information about their distribution networks. The terms of the deal were not disclosed.

gridiant_logo1“We understand that utilities around the world want to continually improve their business operations,” said Andreas Umbach, Landis+Gyr’s President and CEO. “We believe the insights gained from analytic tools are essential ingredients in leveraging the value from smart grid infrastructure investments, and that these insights can promote operational efficiency throughout the distribution grid.”

USA, Atlanta, GA & Los Altos, CA