NEWS & INSIGHTS

Accel-KKR supports ESG’s continued growth through its acquisition of Aprose Solutions Ltd.

Accel-KKR | May 23, 2018

ESG, the market-leading provider of integrated SaaS software to empower global energy customer choice, announced that it has acquired Aprose Solutions Ltd.  Aprose will become part of Utiligroup, the UK subsidiary of ESG.

Backed by Accel-KKR, this acquisition extends ESG’s market leadership in UK smart metering DCC SaaS software solutions to energy Suppliers, metering service companies, Distribution Network operators and authorised ‘Other Users’ of DCC smart metering data.  Through the acquisition, Innovators seeking to participate in the UK energy market and access smart meters securely have a single source, market-leading provider focused on turning smart metering complexity into enduring end customer benefit.

“I am delighted to welcome the team at Aprose Solutions Ltd. into Utiligroup. Through Steve Powell’s leadership, Aprose is a fast growing company with a passionate team that brings new talent to our business” said Utiligroup CEO Matthew Hirst. “We offer the market leading software as a service platform and associated expertise to make energy smarter for everyone. Together we will help transform the experience of energy customers in the digital age, starting with smart meters.”

Steve Powell, Managing Director of Aprose Solutions Ltd. said “We are excited to join ESG and work as a team to help transform the energy sector for customers. I thank all our dedicated team members who have grown our business and will continue to make a huge contribution in this next phase.” Powell continued, “The breadth of our combined talent and solutions positions us well to deliver the benefits anticipated from smart metering.  I look forward to carrying on my passion to make energy smarter and making a strong leadership contribution to the future as part of the expanded Utiligroup.”

ESG CEO Phil Galati said ‘The UK energy market has an innovative approach to achieve benefits for end consumers through smart meters and connected technologies. Our business is the market leader in providing the core software required for dozens of companies. We further extend this leadership with Aprose joining our team.  As we became familiar with their business, we were impressed with their solutions, expertise and great people. Welcome to everyone from Aprose into the ESG global family. We look forward to exciting times ahead for our expanded team in UK and beyond as we help transform the experience of energy consumers to achieve all the benefits of digital technology’.

About Aprose Solutions Ltd.
Aprose Solutions is an innovation leader in the delivery of software and services. The Aprose Solutions DCC connector service ASe-i is a complete solution that delivers the standards-compliant connectivity necessary for GB Smart Metering via the DCC. This includes support for the full range of DCC services to ease integration for DCC users allowing them to focus on their own innovation.  Since its formation in 2014, Aprose Solutions has developed a significant customer base that realise the value of the fresh approach to service delivery and commitment to customer engagement and satisfaction.

For more information, please visit http://aprosesolutions.com/

About the Smart Metering DCC
The UK government has implemented a secure communications system for access to qualifying smart meters known as the Data Communications Company (DCC).  All organisations accessing smart meters such as energy Suppliers, metering service companies, Distribution Network Operators and authorised ‘Other Users’ are mandated to operate compliantly through the DCC in accordance with the Smart Energy Code.  For more information, please visit:
https://www.smartenergygb.org
https://www.smartdcc.co.uk/
https://smartenergycodecompany.co.uk/