Vaaka-backed Enegia buys intStream

The bolt-on is the first M&A transaction completed by Enegia since being acquired by Vaaka in a 2014 buyout and merger of Energiakolmio Skapat Energia. After completion, intStream will be assumed under Enegia's group structure.

For Enegia, the bolt-on will expand the group's offering by adding a software product suite to its current energy management services. The staff of intStream will all continue in their jobs under Enegia's new ownership.

Company
Headquartered in Espoo, intStream is a Finnish software developer focusing on products for the energy market.

The software suite includes tools for analysis and management of market information, as well as risk and sales contracts management.

People
Enegia – Tommi Vekka (managing director).
intStream – Tero Kurkinen (managing director).

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• Topics
• Portfolio management
• Nordics
• Technology
• Build-up
• Finland
• Vaaka Partners Ltd (Formerly Pohjola)