IWMAC and Egain Merge to Create Pan‑European Building Energy Management Platform

Integrated Energy Services Acquires MACH Energy

June 24, 2019

Energy

Integrated Energy Services (iES), a portfolio company of Gainline Capital Partners, has acquired MACH Energy, an energy management and sustainability software platform. The combination brings together iES's grid-relationship management and demand response capabilities with MACH's building energy analytics to expand product capabilities, improve grid resiliency, and accelerate growth across commercial building customers.

Icona Capital and Stoneweg Form SWI Group and Complete Acquisition of Cromwell's European Platform

March 25, 2025

Real Estate

Icona Capital and Stoneweg have combined operations under the newly formed SWI Group, which will manage more than €10 billion in assets and employ over 350 professionals across 25–26 offices. The firms (now operating as SWI Group) also completed the €280 million acquisition of Cromwell Property Group’s European funds management platform and associated co-investments (including a 27.8% interest in Cromwell European REIT), providing immediate scale, product diversification and greater institutional appeal.

Potomac Equity's Watermark Solutions Merges with Synergy Resources to Form WM Synergy

August 21, 2023

IT Services

Potomac Equity Partners provided additional capital to its portfolio company Watermark Solutions to merge with Synergy Resources, creating WM Synergy — an expanded ERP, technology and cloud hosting provider serving manufacturers and distributors. The combined business will offer Infor, Acumatica and Hexagon ERP implementations, managed hosting and related consulting services across North America; financial terms were not disclosed.

Energy Infrastructure Partners Increases Stake to Majority in BayWa r.e.

February 24, 2025

Energy

Energy Infrastructure Partners (EIP) has agreed to invest €150 million in BayWa r.e. via a capital increase, raising its ownership from 49% to 65% and becoming the company’s majority shareholder. The transaction is part of a broader recapitalization and restructuring of BayWa r.e. to support its transformation, strengthen its balance sheet and refocus on profitability and core renewable-energy markets.

Yokogawa Acquires Intellisync and WiSNAM; Integrates Them into BaxEnergy

November 5, 2025

Energy

Yokogawa Electric Corporation has acquired Italian firms Intellisync (cybersecurity and digital transformation services) and WiSNAM (grid control and energy management hardware/software) and will integrate them into BaxEnergy, Yokogawa's renewable energy software subsidiary. The acquisitions expand Yokogawa/BaxEnergy's capabilities in cybersecurity, grid compliance and power-plant control to support renewable and distributed energy management and recurring software/managed-service revenue models.

Ever.Ag Acquires Integrated Control & Information Systems (Energy Manager)

February 20, 2024

Cloud & SaaS

Ever.Ag, a Lewisville, Texas-based food-supply-chain software provider, has acquired Dublin-based Integrated Control & Information Systems and its Plant Energy product suite (now Ever.Ag Energy Manager). The acquisition expands Ever.Ag's energy management and sustainability capabilities for dairy, distilling and broader food & beverage customers and strengthens the company’s ESG and operational-efficiency offerings globally.