The Riverside Company has facilitated Montel AS's acquisitions of Energy Brainpool and Qwatt, enhancing its analytics capabilities in the European energy market.

Target Company Overview

The Riverside Company, a prominent global private equity firm specializing in the lower end of the middle market, has facilitated two strategic acquisitions by its portfolio company, Montel AS. Montel, headquartered in Oslo, Norway, is a provider of comprehensive energy and electricity market information tailored for energy producers, grid operators, financial institutions, trading firms, and commercial end-users. The company boasts one of the market's most robust suites of energy information services and holds significant market shares in its primary geographies.

Montel has recently acquired Energy Brainpool and Qwatt, enhancing its analytical capabilities and expanding its service offerings across Europe. Founded in Berlin in 2003, Energy Brainpool specializes in data analysis, advisory, and training services with a keen focus on long-term forecasting through its proprietary model. It holds a leading position in the DACH market and has a presence in 13 additional European countries, catering to a diverse clientele including traders, utilities, banks, and public sector organizations. Qwatt, on the other hand, is a subscription-based benchmarking platform that estimates the market value of power purchase agreements (PPAs) vital for financing renewable energy projects.

Industry Overview

The energy sector in Europe is undergoing a significant transformation, characterized by a marked shift towards renewable sources. Governments are implementing stricter regulations and incentives to mitigate climate change, driving