Key facts
- £1.2b acquisition stake
- 1 technology due diligence
- 4 distribution companies
Customer Challenge
As part of a joint venture in the Czech Republic with a German utilities company, a global asset management business sought to acquire minority stakes in six of the country’s energy businesses.The targets were four gas distribution companies and two asset service companies. Before proceeding with the acquisitions, the asset management business commissioned Enzen to review existing IT infrastructure, processes and operating expenditure to see if they were sufficiently robust.
Our Solution
The Enzen team performed a technology due diligence study to understand the health of the IT systems, assessing their quality, governance and cost against industry best practices.
Outcomes delivered
With Enzen's support, the customer acquired a stake of £1.2bn in the businesses.
