KLAR Partners boosts Enerim’s future growth prospects through a strategic divestment of its Wholesale Markets business to allow enhanced focus on its market-leading SaaS solutions
After a successful carve-out and reorganisation of the business, funds advised by KLAR Partners Limited (“KLAR Partners” or “KLAR”) are supporting Enerim Oy (“Enerim” or the “Company”) on the next step of its growth journey. By divesting its Wholesale Markets business, the company can concentrate on streamlining its software offering while consolidating its leading position as a supplier of SaaS solutions to utility companies in northern Europe.
With its End User Markets business, Enerim has established itself as a market-leading provider of mission-critical SaaS solutions that automate customer management and billing processes specifically for energy and utility companies.
As part of a strategic plan to focus on its software offering, and in response to proactive industry interest, Enerim has decided to divest its Wholesale Markets business, which specialises in providing versatile energy market services. The business has been acquired by Volue, a major provider of technologies and services for customers navigating the energy transition, headquartered in Oslo, Norway.
Following this divestment, Enerim can concentrate on expanding its client base in key markets, while making further investments in developing and adapting its SaaS solutions for new geographies. This represents an opportunity to accelerate its growth journey towards becoming the most trusted advisory-based services and software partner for utility companies in northern Europe.
“We are delighted to support Enerim in taking these important steps towards becoming a true SaaS business, offering mission-critical software solutions in a resilient and growing market. The increased focus, we believe, will help the business to realise its full growth potential – at home and abroad. At the same time, we are excited about having found a buyer in Volue who can provide Enerim’s Wholesale Markets business with excellent conditions for its future development and continued success,” commented Fredrik Brynildsen of KLAR Partners.
“This transaction marks a significant milestone for Enerim as we intensify the focus on our strategic End User Markets business and accelerate our growth journey. I have no doubt that Enerim’s Wholesale Markets business has found a great home under the Volue umbrella to continue supporting customers in navigating the complex energy market processes,“ commented Pentti Unkuri, CEO at Enerim.
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Carl Johan Falkenberg
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About KLAR Partners
KLAR Partners is a European private equity firm focused on investments in companies operating in business services and industrial technology. The companies in which KLAR invests each have an annual turnover of approximately EUR 50-500m and are headquartered in the DACH, Nordics and Benelux regions. With investment professionals located in London, Stockholm, Frankfurt, and Brussels, together with a broad international network in the industry, KLAR has a proven business model to support, develop, and grow companies. KLAR's senior professionals have worked together for many years and have more than 50 years of combined investment experience in KLAR's industry-specific and geographical focus area. KLAR Partners is a signatory of the United Nations Principles for Responsible Investment.