HgCapital has agreed to sell Qundis, a European provider of sub-metering solutions to Kalorimeta. No financial terms were disclosed. Rothschild, Latham and Watkins, Deloitte and E&Y advised HgCapital on the transaction.
PRESS RELEASE
26 April 2017: HgCapital is pleased to announce that it has agreed the sale of QUNDIS, a leading provider of sub-metering solutions in Europe, to a German investment group around KALORIMETA (“KALO”), a leading service providers for climate-intelligent solutions in the buildings sector.
