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Transactions / T••••

Y•• E••••• Acquires TESLA, Inc., Leader in Global Forecasting Solutions

Add-on acquisitionannouncedadd-onannounced Jan 4, 2024Fact
What happened
Platform
Y•• E•••••add-on basis: Y•• E•••••, a leader in power market data, today announced the acquisition of TESLA, Inc. The combination of TESLA, Inc. and Y•• E••••• will add tremendous value to power market analysts by creating an integrated solution for load forecasting and analytics in the highly data-intensive power markets. | Y•• E••••• is held by A•••••••• on its portfolio page; published on A••••••••'s own news page
Control
Control
Share acquired
unknown
Industry
energy / energy
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
5 named
Buy side
  • Y•• E•••••Platformconfirmed
    Y•• E•••••, a leader in power market data, today announced the acquisition of TESLA, Inc. The combination of TESLA, Inc. and Y•• E••••• will add tremendous value to power market analysts by creating an integrated solution for load forecasting and analytics in the highly data-intensive power markets.
  • Y•• E•••••, a leader in power market data, today announced the acquisition of TESLA, Inc. The combination of TESLA, Inc. and Y•• E••••• will add tremendous value to power market analysts by creating an integrated solution for load forecasting and analytics in the highly data-intensive power markets.
Side not stated
  • “One of the hardest things traders need to do every day is to understand how local weather, renewable generation, market economics, and consumer behavior intersect to affect the demand for electricity in the near future,” said M•••••• M•••••, CEO of Y•• E•••••.
  • J••• S••••Managementconfirmed
    J••• S••••, Co-founder and Group President of TESLA, Inc. added, “As we embark on the next chapter of our growth, it was important for our team and TESLA’s clients that we find a partner that shares our core values, which center on providing the best market intelligence available coupled with a comm
  • T••••Targetconfirmed
    Y•• E•••••, a leader in power market data, today announced the acquisition of TESLA, Inc. The combination of TESLA, Inc. and Y•• E••••• will add tremendous value to power market analysts by creating an integrated solution for load forecasting and analytics in the highly data-intensive power markets.
Evidence
Y•• E•••••, a leader in power market data, today announced the acquisition of TESLA, Inc. The combination of TESLA, Inc. and Y•• E••••• will add tremendous value to power market analysts by creating an integrated solution for load forecasting and analytics in the highly data-intensive power markets.