Energy One Limited’s Acquisition of EGSSIS

Strelia advised Energy One Limited on the deal.

Energy One Limited completed the acquisition of EGSSIS.

Established in 2008, the EGSSIS business has been developed by its Founders to be a significant provider of energy scheduling and nomination software and associated 24/7 trading services to European gas and power market participants. Egssis will join eZ-nergy (and Contigo) as a major software vendor in the European Energy Trading and Risk Management markets. In particular, eZ and Egssis are highly complementary, offering modern SaaS products and services to customers, while sharing a similar culture of being highly responsive to customers and providing exceptional levels of customer service. Coupled with Contigo’s contracts and derivatives trading software, the transaction enhances our pan-European trading capability in both physical and financial markets.

The Strelia M&A team was led by Gisèle Rosselle and Céderic Devroey.

Involved fees earner: Céderic Devroey – Strelia; Gisèle Rosselle – Strelia;

Law Firms: Strelia;

Clients: Energy One Limited;

Naoual Sadouqi

Author: Naoual Sadouqi