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North Media acquires BEAM software for grid balance

PRIVATEAug 31, 2026•7 days ago

Acquiring Company

North Media A/S

Acquired Company

BEAM

CopenhagenSan DiegoSoftwareInformation TechnologyRenewable Energy

Description

North Media A/S has completed the acquisition of BEAM, a software platform for electricity grid balancing. This acquisition aligns with North Media's efforts to reduce climate impact and enhance renewable energy use. With BEAM, users can optimize their energy assets and contribute to grid stability. This strategic move anticipates better resource utilization within the energy market.

Company Information

Company

North Media A/S

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

North Media develops and operates platforms for transactions that bring businesses and consumers together. These platforms help consumers find the right products, whether they are looking for groceries, rental housing or digital access management solutions. North Media has two core business areas: Last Mile and Digital Services. Last Mile includes FK Distribution and SDR Svensk Direktreklam, while Digital Services includes BoligPortal, Dayli, and Bekey.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired BEAM?

BEAM was acquired by North Media A/S, based in Copenhagen. The deal was reported on August 31, 2026. North Media develops and operates platforms for transactions that bring businesses and consumers together. North Media A/S is privately held and operates in Software.

When did North Media A/S acquire BEAM?

North Media A/S's acquisition of BEAM was reported on August 31, 2026. North Media A/S has completed the acquisition of BEAM, a software platform for electricity grid balancing. This acquisition aligns with North Media's efforts to reduce climate impact and enhance renewable energy use. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does BEAM do?

BEAM is a digital tool designed for electricity grid balancing. It enables households, housing associations, and businesses with energy assets like solar panels and batteries to optimize their contributions to the electricity grid. It is publicly traded (BEEM), operating in Information Technology, and is based in San Diego.

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