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Wireless Energy Management Systems International
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Provider of wireless, web-enabled energy management systems

Founded in 1990
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom Stockport, United Kingdom
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Updated by Matthew Doe at on 09/17/2013

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  • 1 M&A items
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Date Company
02/23/2011

British Telecom British Telecom

WEMS International will install its WEMS into British Telecom's telephone exchanges after signing a £multi-million deal.

Confirmed by British Telecom

Partnerships
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Date Partner Type
01/06/2011
Climacare Solutions Climacare Solutions
WEMS Internaional and Canada-based Climacare Solutions have signed a £2.5 million contract to sell and install WEMS throughout Canada and the US.
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Confirmed by Climacare Solutions
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IPO INFORMATION

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Description

Date Investors Type Amount
09/10/2012 WHEB WHEB , Hermes GPE Hermes GPE (2)
Post-money valuation of
WEMS has sold a majority equity stake and raised growth capital in a £13million financing led by private equity fund manager WHEB Partners and including Hermes GPE through the Hermes GPE Environmental Innovation Fund.
Buyout / Late-Stage Private Equity $20,700,000
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