Global investor The Riverside Company acquires Energy Brainpool GmbH & Co. KG as an add-on to the Norwegian company Montel AS
Berlin, January 17, 2024
The Berlin-based energy market expert Energy Brainpool is now part of the internationally active Montel Group from Norway. Montel AS, the Norwegian provider of energy and electricity market information, is a respected company in the energy industry. It has a large offering of full-service energy information services on the market and has a high market share in Europe. The transaction, led by global investor Riverside, will enable Montel to expand its product portfolio, extend Energy Brainpool’s offering to new regions and leverage the data sets and expertise of both companies to meet the growing needs of the energy market.
This merger marks an important milestone in Energy Brainpool’s 20-year history and opens up new opportunities for the future. Tobias Federico founded Energy Brainpool in 2003 in Berlin. He will remain Managing Director and becomes a shareholder in Montel AS. Energy Brainpool offers data analyses, consulting and training services, with a focus on long-term forecasting using its proprietary Power2Sim fundamental model. The company has a leading position in the DACH market and is represented in 13 other European countries. Customers include retailers, utilities, banks, investors, industrial companies and public sector organisations.
Tom Nyblin, CEO of the Montel Group, says: “I am delighted to welcome Energy Brainpool to the Montel family. We see the merger of our competences not only as a win-win situation, but also as an opportunity to set new standards together. I look forward to working with these highly skilled teams to strengthen Montel’s capabilities, provide better services to our customers and contribute to the green transformation in the energy sector.”
Tobias Federico, Managing Director of Energy Brainpool, adds: “We have been working with Montel and Tom Nyblin for two decades – this cooperation is characterised by a high level of trust, appreciation and partnership. We are convinced that this merger with Energy Brainpool will bring many benefits for both our customers and our team: We will be able to expand our product portfolio and offer customers even greater added value.”
The Riverside Company is a global private equity firm focused on investing in growing companies valued up to $400 million. Since its founding in 1988, Riverside has made more than 850 investments.