Correla Sold to Esyasoft, 4.7x MOIC for NorthEdge Fund III
Summary
Correla has been sold to Esyasoft, marking the first realization from NorthEdge Fund III. The transaction delivered a 4.7x gross MOIC for the fund. Correla has operated as an energy technology business in the UK and has supported decarbonisation efforts. The deal highlights continued activity in software and technology investments tied to the energy transition.
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