EA Technology, a global leader in deploying data-driven solutions for electrical networks, has announced the acquisition of Fundamentals, the UK’s premier provider of voltage control solutions. This move signals a bold first step in EA Technology’s strategy to consolidate grid-edge technologies and deliver end-to-end intelligent grid solutions.
Backed by Summa Equity, EA Technology is spearheading the shift to a software-first, platform-led model, integrating best-in-class hardware and software solutions. The acquisition of Fundamentals, with its leading capabilities in grid voltage control, significantly strengthens EA Technology’s offering.
The UK’s voltage control market is expected to double to £65 million by 2030, driven by Ofgem’s ED3 Smart Networks regime and Net-Zero investment incentives. Together, EA Technology and Fundamentals will offer customers a seamless, integrated solution, from primary substations to low-voltage feeders.
“This strategic acquisition is a game-changer,” said Amanda Mesler, Executive Chair of EA Technology. “Having the Fundamentals brand and expertise in our portfolio enhances our value proposition to customers, builds our innovation pipeline, and strengthens our capability to help drive the global energy transition.”
She continued, “For our customers, Distribution Network Operators, utilities, and private network operators, this means the opportunity for greater reliability through seamless voltage management across the network, and support for net-zero goals with solutions aligned to Ofgem’s ED3 framework and smarter network targets.”
Jon Hiscock, CEO at Fundamentals, said, “We are delighted to have reached agreement with EA Technology for the purchase of the business. Like ourselves, EA Technology helps tackle some of the sector’s biggest challenges. There is strong cultural alignment, and with the backing of a larger financially robust group, they are perfectly positioned to take Fundamentals to the next level.”
He continued, “Not only does this deal strengthen the UK’s engineering capability and supply chain, it demonstrates that voltage management is becoming a global issue as we connect more EVs and Solar PV to the grid. It gives the combined organisation a stronger ability to support network operators around the world with the right solution.”
Both companies share a history of collaboration with industry partners, ensuring low integration risk and rapid impact. Fundamentals will continue to operate from its headquarters in Swindon and from its site in Oldham.
