ENSEK has acquired NrgFin, a Benelux-focused consultancy and data analytics firm, marking its first venture into the European market to enhance its software offerings for energy providers.

Target Information

ENSEK, a premier software supplier for energy providers in the UK, has announced its acquisition of NrgFin, a consultancy and data analytics firm based in the Benelux region. This acquisition marks a significant step for ENSEK as it embarks on its strategy to enter new international markets within Western Europe, as well as to pursue further growth opportunities in the UK. With this move, ENSEK is establishing its presence on the European mainland for the first time.

This acquisition is noteworthy as it is ENSEK's first buyout since being supported by LDC, a prominent mid-market private equity firm in the UK, in October 2017. ENSEK has experienced remarkable growth, with revenue more than doubling over the past two financial years due to an increase in contracted recurring software revenue.

Industry Overview

The energy consultancy and data analytics sector in the Benelux region has been experiencing significant transformation. As energy suppliers increasingly turn to technology to enhance operational efficiency, there is a growing demand for robu