Bridges-backed EVORA Global acquires Metry with support from GCS

GCS (formerly, GRAPH Strategy) is pleased to have provided Commercial Due Diligence to EVORA Global on its acquisition of Metry, Europe’s leading platform for environmental data collection.

Headquartered in Sweden, Metry has become the largest platform in Europe for collecting energy and sustainability data. Its technology connects directly to fiscal meters and hubs, enabling automated, reliable and “analytics-ready” data that underpins sustainability reporting and regulatory frameworks including SFDR, CSRD, TCFD and GRESB. Metry’s platform is already widely used across the Nordic real estate market and increasingly in other European geographies.

The acquisition significantly enhances EVORA’s data automation and validation capabilities, integrating Metry’s collection technology with EVORA’s proprietary SIERA platform and sustainability advisory expertise. Clients of both businesses will benefit from a combined offering that spans reliable data capture, regulatory compliance, carbon accounting, and net-zero strategies.

This project continues GCS’s close involvement with EVORA, having previously supported Bridges Fund Management with buy-side CDD on its acquisition of the business in 2023.

GCS’s work on the Metry transaction focused on assessing Metry’s technology, customer base, and growth potential, as well as the strategic synergies with EVORA’s existing platform and international expansion plans.

The GCS team on the transaction was led by James Tetherton and Matt Harrison, working alongside Pradeep Menon (CEO, EVORA Global), Magnus Hornef (CEO and co-founder, Metry), and the wider teams at EVORA and Bridges.

This engagement underlines GCS’s expertise in sustainability services and technology-enabled platforms, supporting investors and management teams on transactions that advance the transition to a low-carbon economy.