Esyasoft Technologies acquires Correla

● STRATEGIC | ENERGY/UTILITIES · Utility Billing & Customer

SEPTEMBER 8, 2026

Esyasoft Technologies (International Holding) acquires Correla (NorthEdge)

TARGET

SaaS and managed services software for UK energy suppliers, grid operators, and installers, streamlining smart meter rollouts, energy data integration, workflow automation, and compliance for the energy transition.

Ownership	Northedge fund iii (invested 2021) sells to esyasoft technologies - a 4.7x gross return, the fund's first realisation · NorthEdge (prior owner); NorthEdge Capital (NorthEdge Fund III)
Headcount	251-500 FTEs
Headquarters	Solihull, United Kingdom
Leadership	Sian Jones, CEO & Founder
Sell-side advisor	—

ACQUIRER

Esyasoft Technologies

Global energy transition technology group delivering smart grid, IoT, AI analytics, energy-as-a-service, e-mobility, and battery energy storage solutions to utilities, governments, and enterprises worldwide.

Ownership	Subsidiary · International Holding Company (IHC) (parent)
Headcount	501-1000 FTEs
Headquarters	Dubai, United Arab Emirates
Leadership	Bipin Chandra, Founder & Group CEO
Buy-side advisor	—

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Esyasoft Technologies -> Correla  (2026-09-11)
sponsor_exit | Energy/Utilities | announced
Target: SaaS and managed services software for UK energy suppliers, grid operators, and installers, streamlining smart meter rollouts, energy data integration, workflow automation, and compliance for the energy transition.
Website: correla.com | Buyer site: esyasoft.com
HQ: Solihull, United Kingdom | Ownership: NorthEdge Fund III (invested 2021) sells to Esyasoft Technologies - a 4.7x gross return, the fund's first realisation | Seller: NorthEdge | Buyer sponsor: International Holding Company (IHC) | Buyer ownership: subsidiary
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/esyasoft-technologies-correla.html

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