Thematic: software SUBSCRIBE
 
  back to the issue
GROWTH  |  ENERGY/UTILITIES
FEBRUARY 13, 2026
TA Associates invests in Volue
TARGET
Volue
Volue provides software for power trading, grid optimization, and energy market intelligence to utilities, grid operators, and energy producers across Europe.
OwnershipPE-backed
InvestorsArendals Fossekompani, Advent International, Generation Investment Management, TA Associates
Capital raised$53.6M
Headcount750 FTEs
HeadquartersOslo, Norway
Leadership
Stephan Sieber, Chief Executive Officer
Paul Dolman, Partner (Latham & Watkins)
Suneel Basson-Bhatoa, Partner (Latham & Watkins)
Sell-side advisor
INVESTOR
TA Associates
Global growth equity firm
Ownership
Deal leads
Buy-side advisorLatham & Watkins
Spotted an error or advised on this transaction? Claim credit or send a correction
MORE IN ENERGY/UTILITIES
Magnesium Capital invests in TMA Data Management
Smart metering data collection, aggregation, and CRM/billing software for GB electricity and gas suppliers, Elexon-accredited, managing over 5 million meter points
GI Partners acquires Otodata Holdings Inc. (Renovo Capital)
Remote tank monitoring hardware, software, and mobile apps enabling fuel and LPG distributors to track tank levels, optimize delivery routes, and prevent run-outs across 3.5 million+ tanks globally
Volaris Group (Constellation Software) acquires Biodiv-Wind SAS
AI-powered bird and bat detection and turbine-regulation software sold to onshore wind-farm operators to meet environmental permit obligations, combining cameras, radars and sensors connected to turbine SCADA systems
CLEAResult (Kohlberg & Company) acquires Connected Energy
Demand management and DERMS SaaS platform for electric utilities, orchestrating EVs, solar, storage, agricultural pumps, and smart thermostats across the distribution grid
Mitsubishi Electric acquires PCI Energy Solutions
$1.4B Purchase Price — Power trading, generation scheduling, and grid optimization SaaS for U.S. electric utilities, public power entities, and independent power producers
Metlen Energy & Metals acquires Joule
Virtual power plant and renewable energy portfolio management software (jHub) for remote monitoring, production forecasting, and curtailment control, sold to renewable energy producers and aggregators
Browse the full register
 
Thematic: software PAST ISSUES   CONTACT
© 2026 Thematic   |  Privacy Policy   |  Terms of Service
Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.