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Chameleon Technology, the Yorkshire-based international smart energy technology company, is set to embark on an ambitious growth strategy to support the UK’s net zero targets following the completion of a Management Buy Out.
Led by co-founder and Managing Director, Mike Woodhall, supported by its existing management team, the MBO has been backed by London-based Shard Credit Partners.
The MBO will help accelerate the management team’s plans to deliver consumer-focused technology solutions, which harness real-time data from smart metering systems. It will focus primarily on data and cloud solutions that enable smart home, low carbon and home energy management technologies to be optimised.