Hanzestrohm has acquired a majority stake in Watch-E to enhance energy monitoring capabilities and promote sustainable housing solutions.

Information on the Target

Watch-E is a leading developer of software and hardware dedicated to energy monitoring for housing corporations. The company has established itself as a key player in providing real-time insights into energy consumption and production, which are essential for managing Energy Performance Contracts (EPCs). By leveraging innovative technology, Watch-E aims to empower housing corporations and residents with valuable data that fosters informed decision-making regarding energy usage.

The recent acquisition by Hanzestrohm is a significant milestone in Watch-E's growth journey. With Hanzestrohm acquiring a majority stake, both entities are committed to advancing sustainable, safe, and comfortable housing solutions. This partnership is expected to accelerate the development and deployment of Watch-E's software, broadening its impact in the industry.

Industry Overview in the Target’s Specific Country

The energy monitoring sector in the Netherlands is experiencing rapid growth, thanks to increasing awareness around sustainability and energy efficiency. The government has implemented various policies aimed at reducing carbon emissio