KBS Corporate has advised on the sale of Advizzo Ltd to a specialist energy infrastructure assets manager. 

George Barnes, Associate Corporate Director at KBS Corporate, has advised on the sale of Advizzo Ltd to a specialist energy infrastructure assets manager.

Founded in 2015, Advizzo has developed a comprehensive software-as-a-service (SaaS) solution that enables commercial organisations and their consumers to improve energy sustainability and cost efficiency.

The London-based company is well regarded in its market, actively serving blue-chip clients such as Southern Water, Severn Trent and Dubai Electricity and Water Authority (DEWA).

Through its established client base, Advizzo enables two million households to manage their usage with innovative tools.

Advizzo CEO Patrice Guillouzic instructed KBS on the sale to find the right partner that would take the company to the next level.

“Energy and utility companies are incentivised to deliver energy efficiency or risk significant fines related to their global turnover,” said George Barnes.

“Advizzo enables smart-meter vendors to leverage the data, which has until now been an unused asset in changing customer behaviours.

“The company has proven its technology in both water and electricity markets across the world, having customers in the UK, France, Italy, the USA, the UAE and New Zealand. Advizzo is applied on large-scale projects which demonstrates the software’s scalability.”

Advizzo has been acquired by Calisen Capital, which is currently focused on capturing the opportunities offered by the government-mandated roll-out of smart meters in the UK.

The business’s diverse service portfolio now encompasses installation, meter readings, electric vehicle charging and associated maintenance solutions.

Patrice Guillouzic commented on the sale and Advizzo’s new owner: “We are delighted to join forces with Calisen to continue to accelerate the growth of innovative software solutions for as many consumers as possible in the UK and overseas.

“With Calisen, we will continue optimising consumers’ electricity, gas and water consumption and having a positive impact using behavioural and data science.”

Sean Latus, CEO of the Calisen Group, added: “Advizzo’s capabilities in the water sector provide Calisen with an opportunity to expand its offering and assist water companies with their net zero goals, contributing to a greener and cleaner environment.

“I would like to welcome our new colleagues and I am confident that by working with Calisen’s team, they will achieve great results.”

George Barnes was pleased with the deal secured by KBS, which was assisted by Advizzo’s lucrative SaaS appeal in the M&A market.

“We are seeing plenty of interest in SaaS businesses as buyers are drawn to the contracted turnover,” he said. “We’ve achieved strong multiples based on both EBITDA and annual recurring revenue (ARR).

“The transaction is an excellent result in terms of collaboration. Everyone at KBS wishes both Advizzo and Calisen the best in creating a net zero solution.”


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