Herkules III and management shareholders in Enoro have signed an agreement to sell Enoro to the Australian Hansen Technologies.
Hansen Technologies is a publicly traded company on the Australian stock exchange that delivers customer care and billing solutions to the energy, utilities, Pay TV, and telecommunications industries worldwide.
Herkules III acquired Elis in 2010 with the ambition to create a Nordic software provider in the utilities sector. Two add-on acquisitions were made in 2011 and the company was rebranded Enoro in 2012. Enoro is today providing customer information systems and meter and energy data management. The company has operations in Norway, Sweden, Finland, Switzerland, Germany and the Netherlands.