EMERAM acquires stake in Solar Manager Home-Tech

Kitz­bü­hel (Austria) — Funds advi­sed by EMERAM have inves­ted in the tech­no­logy company Solar Mana­ger AG (“Solar Mana­ger”). Foun­ded in 2018 in Muri, Switz­er­land, the company deve­lops a Home Energy Manage­ment System (HEMS) that holi­sti­cally controls and opti­mi­zes energy flows in house­holds — from photo­vol­taics and storage to heat pumps and e‑mobility. The tran­sac­tion under­lines EMER­AM’s stra­tegy of part­ne­ring with high-growth tech­no­logy compa­nies in the fields of energy tran­si­tion, digi­tal trans­for­ma­tion and health & wellbeing. 

Solar Mana­ger has successfully estab­lished itself on the market with a scalable B2B2C sales model. The company works closely with whole­sa­lers and their instal­la­tion part­ners, offers white label solu­ti­ons for large instal­la­tion compa­nies, muni­ci­pal utili­ties and energy service provi­ders and is expan­ding OEM part­ner­ships with manu­fac­tu­r­ers of battery storage systems and heat pumps in order to inte­grate the soft­ware directly into hard­ware solu­ti­ons. Driven by advan­cing elec­tri­fi­ca­tion, the expan­sion of rene­wa­ble ener­gies and the incre­asing demand for energy effi­ci­ency and grid flexi­bi­lity, Solar Mana­ger has expe­ri­en­ced above-average growth in recent years. With the foun­ding of the German subsi­diary three years ago, the company took the next step and is now one of the leading play­ers in Switz­er­land and Germany. 

“Solar Mana­ger is alre­ady helping more than 50,000 house­holds to manage their energy intel­li­gently and maxi­mize self-consump­­tion from rene­wa­ble sources,” says Andreas Kuhn, Mana­ging Direc­tor and co-foun­­der of Solar Mana­ger along­side Corinne Kuhn and Hans Fischer. “With EMERAM, we have gained an expe­ri­en­ced growth part­ner who will support us with stra­te­gic exper­tise and a strong network in the energy sector. Toge­ther, we want to further expand our market posi­tion and actively shape the energy tran­si­tion. Our goal is to become the leading holi­stic energy manage­ment solu­tion in Europe and to play a decisive role in shaping future topics such as bidi­rec­tional char­ging and the seam­less inte­gra­tion of a wide variety of produ­cers and consu­mers into the energy system.” 

Matthias Ober­meyr, Part­ner at EMERAM, adds: “The market for intel­li­gent home energy manage­ment systems is in a strong growth phase. More and more property owners want to network their photo­vol­taic systems, battery storage systems and elec­tric vehic­les and actively parti­ci­pate in the energy market. The Solar Mana­ger team has quickly built up a tech­no­lo­gi­cally leading company with a convin­cing busi­ness model and estab­lished itself as a tech­no­logy leader. As a busi­ness deve­lo­p­ment part­ner, we want to further deve­lop the recur­ring soft­ware busi­ness, drive expan­sion in Germany and jointly deve­lop other Euro­pean markets. We are convin­ced that toge­ther we can deve­lop Solar Mana­ger into a Euro­pean champion.”

Advi­sors:
As part of the tran­sac­tion, EMERAM was advi­sed by Strategy& (commer­cial due dili­gence), Base Camp (ESG & tech­ni­cal due dili­gence), Radial (finan­cial due dili­gence) and Schel­len­berg Witt­mer (legal & tax).

The seller side was supported by Wenger Vieli (Legal & Tax).

About EMERAM — www.emeram.com

EMERAM is one of the leading invest­ment mana­gers for medium-sized compa­nies in German-spea­king count­ries. Funds advi­sed by EMERAM provide more than 700 million euros in capi­tal for the deve­lo­p­ment of growing compa­nies. The port­fo­lio includes tech­­no­­logy-driven compa­nies in the areas of digi­tal trans­for­ma­tion, energy tran­si­tion and health & wellbeing.
EMERAM acts as a long-term busi­ness deve­lo­p­ment part­ner and promo­tes the sustainable growth — both orga­ni­cally and through targe­ted acqui­si­ti­ons — of its port­fo­lio compa­nies. EMERAM also consis­t­ently focu­ses on the imple­men­ta­tion of holi­stic ESG concepts. The port­fo­lio curr­ently compri­ses nine plat­form invest­ments with a total of more than 3,000 employees. The compa­nies conti­nuously achieve double-digit orga­nic sales growth. More than 30 add-on acqui­si­ti­ons have also acce­le­ra­ted growth and enab­led inter­na­tio­nal expansion.

About Solar Mana­ger AG — www.solarmanager.ch

Solar Mana­ger is a leading and fast-growing provi­der of a home energy manage­ment system (HEMS) that helps homeow­ners to intel­li­gently control and opti­mize their energy consump­tion. To this end, local energy gene­ra­tion from photo­vol­taic systems is intel­li­gently networked toge­ther with elec­tri­city storage systems, heat pumps and char­ging stati­ons and other energy consu­mers as well as dyna­mic energy market prices. This signi­fi­cantly increa­ses the profi­ta­bi­lity of custo­mer systems and saves energy costs. The manu­­fac­­tu­­rer-inde­­pen­­dent plat­form is compa­ti­ble with over 700 third-party devices — inclu­ding inver­ters, battery storage systems, heat pumps and elec­tric vehicle char­ging stati­ons The company offers specia­list trade busi­nesses and energy service provi­ders a manu­­fac­­tu­­rer-inde­­pen­­dent system to supple­ment their exis­ting busi­ness or estab­lish a new one. The aim is to grow throug­hout Europe and further expand its posi­tion as a leading manu­­fac­­tu­­rer-inde­­pen­­dent energy manage­ment system provider.