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Elvaston Capital, a leading European private equity investor, and Signion GmbH, an innovative provider of IT solutions, are pleased to announce their strategic partnership. Through this collaboration, the strengths of both companies will be combined to create growth and value for their customers.
Signion GmbH, based in Viersen, is a leading software provider in the field of strategic asset management in the utility industry. Signion designs and develops integrated software solutions and supports companies in all aspects of system implementation.
The Energy Software Group serves over 340 customers in the utilities industry and employs around 210 people. The acquisition of Signion GmbH enables the Energy Software Group to further strengthen its competitiveness. By combining the complementary solutions, the group is able to offer a comprehensive product portfolio that covers all essential aspects of the utility industry. This strategic decision opens up new opportunities for innovation, product development and customer service in the energy sector.