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ENSEK confirms acquisition of data analytics business NrgFin

by Mike Jones in Other Cat 14/08/2020

The former software-as-a-service (SaaS) platform provides energy solutions services, including billing, customer relationship and financial management.

UK-based ENSEK, a specialist provider of software services for energy suppliers has confirmed it has acquired the consultancy and data analytics business NrgFin.

The new deal represents a part of ENSEK’s growth strategy to expand further into other nations, with this specific deal allowing the business to expand further into Europe and increase its growth potential within the UK.

The SaaS platform enables energy providers with a selection of services, including CRM,billing, industry data trends, revenue and financial management solutions. NrgFin, based in Benelux provides finance solutions for a number of energy suppliers and consists of a range of established businesses including Essent, Elegant and Total Gas & Power.

Jon Slade, the CEO of ENSEK explains that the acquisition is a significant and exciting step for the business. Slade explains that the energy retail industry in Belgium and the Netherlands provides many opportunities to connect with the UK market. Slade highlights that they are excited to be working with new partners, integrating their services and enhancing the number of growth opportunities available.