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Zouk sells its stake in Trilliant

Zouk announced today that it has sold its stake in Trilliant, a leading global provider of smart grid solutions. Terms of the deal were not disclosed.

Samer Salty, Managing Partner, Zouk Capital commented 'We are delighted to have helped Trilliant expand internationally over the last ten years as it has developed into a truly global supplier of smart grid and smart city solutions and we wish the team the very best for the next stage of their growth.'

Trilliant provides intelligent network solutions and software to utilities for advanced metering, demand response, and Smart Grid management in Europe, North America and Asia.

Trilliant Incorporated is a leading global provider of smart grid solutions that incorporate intelligent networking and enterprise software to transform the way electricity, gas and water are managed, monitored and consumed.

The company’s SecureMesh suite of communication products and related offerings provide utilities with an integrated grid platform that forms the backbone of a Smart Grid, enabling a wide range of advanced automation capabilities. The company’s end-to-end secure Internet Protocol -based networking system offers unmatched flexibility, scalability, and future proofing and can be custom tailored to address the grid automation needs of its customers, from the world’s largest investor owned utilities to small, rural utility cooperatives.

To date, Trilliant has successfully deployed its smart grid solutions to over 200 utility customers across North America and Europe, automating over 1.5 million endpoints in a wide variety of geographies, densities, and applications.