KKR’s Sienna Bidco to Acquire Smart Metering Systems for $1.63 Billion

The deal will see SMS delisting from the London Stock Exchange, where it has been trading since 2011

December 12, 2023

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Sienna Bidco, wholly owned by funds advised by KKR, has agreed to acquire UK-based Smart Metering Systems (SMS), a smart energy infrastructure and services provider, in a deal that values the company at £1.3 billion (~$1.63 billion).

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