Article
Ara Partners Acquires a Majority Interest in Wattstor
Description
Wattstor, the fast-growing provider of automated carbon reduction and electricity cost-saving technology for small and medium-sized enterprises (SMEs) and mid-market industrial and commercial (I&C) end users, is proud to announce a majority growth equity investment from Ara Partners, a private equity firm that specializes in industrial decarbonization investments. janom, Wattstor's main existing investor, will a retain a minority interest, reflecting its confidence in the business, management team and Ara's vision.
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