Manchester-based smart meter group Calisen has acquired utilities SaaS company Advizzo for an undisclosed sum.
Advizzo operates internationally with customers in the UK, USA, UAE, France, Italy and New Zealand.
The London-based SaaS includes Southern Water, Severn Trent and Dubai Electricity and Water Authority (DEWA) as clients with around two million households using its technology.
Calisen owns and manages energy infrastructure assets and provides smart meter, electric vehicle charging, heat pump installation, meter reading, maintenance and ancillary services.
The company floated on the stock market in 2020, when it was valued at £1.32bn. It was taken private less than a year later when it was sold to a consortium in a deal worth £1.43bn.
Sean Latus, Calisen’s group CEO, said “Advizzo’s data analytics technology provides consumers with personalised insights into their energy and water use, giving them more control over their spending and consumption. Furthermore, Advizzo’s capabilities in the water sector provides the Calisen Group with an opportunity to expand its capabilities to also assist water companies with their Net Zero goals, contributing to a greener and cleaner environment.”
Patrice Guillouzic, Advizzo CEO and co-founder, added: “We will continue optimising consumers’ electricity, gas and water consumption and having a positive impact using behavioural and data science.”
