Thursday, January 28, 2021 8:26:46 AM
January 26 2021 - 08:00AM
GlobeNewswire Inc.
Alert
Share On Facebook
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced the closing of its acquisition of Sofdesk Inc., headquartered in Montreal, Canada. Sofdesk’s SolargrafTM integrated software platform offers the industry’s leading digital tools and services designed to simplify and accelerate the end-to-end sales process across the residential solar industry.
The Solargraf platform provides solar installers with critical pre-sales engagement design, quoting and work-flow management from any PC, tablet or mobile device. In addition, Sofdesk also offers RoofgrafTM, a software product that enables roofing contractors to generate homeowner proposals using advanced machine learning technology.
The acquisition is expected to provide the following benefits:
Secures a software platform that helps create a reliable and predictable buying experience across the residential solar market, leading to better customer experiences
Adds significant resources to accelerate the software product roadmap and provide best-in-class customer service to Sofdesk’s 700+ solar installer base
Offers digital sales enablement tools and services to the Enphase Installer Network for homeowner proposal generation, permitting, third-party financing, and post-sales support
Develops a new customer segment of roofing contractors that subscribe to Roofgraf, Sofdesk’s roofing software
Augments Enphase’s existing software engineering capabilities with a talented team of software engineers with Artificial Intelligence and Machine Learning expertise
“We are thrilled to join forces with Sofdesk,” said Badri Kothandaraman, president and CEO of Enphase Energy. “Our companies share a commitment to transform the solar industry with advanced technology. We are delighted to welcome Sofdesk’s installer partners to Enphase and look forward to working with the talented team at Sofdesk to help reduce solar soft costs and improve the overall installer experience.”
“This acquisition supercharges Enphase’s digital transformation efforts,” said Jayant Somani, vice president of digital transformation at Enphase Energy. “With these tools, residential installers can drive the industry towards better customer journeys, create happier customers, and help accelerate the transition to clean energy.”
“I am very proud of the company we built and excited about our future with Enphase,” said Lennie Moreno, founder and CEO of Sofdesk Inc. “Our products have been embraced by leading installers and roofing contractors in North America, and we look forward to working with Enphase to expand our offering internationally and into the small commercial segment to deliver the best installer and homeowner experiences in solar, storage, and roofing.”
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 30 million microinverters, and approximately 1.3 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.
Enphase Energy, Enphase, the E logo, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Solargraf and Roofgraf are the trademarks of Sofdesk Inc. Other names are for informational purposes and may be trademarks of their respective owners.
About Sofdesk Inc.
Sofdesk is an industry-leading organization that builds intuitive sales acceleration software for everyday use by solar and roofing companies. By offering an end-to-end business management solution, Sofdesk empowers small to medium-sized companies to be competitive in these ever-growing industries and improve the scalability of their businesses through our powerful web-based platform. For more information, visit www.sofdesk.com.
Recent ENPH News
- Enphase Energy Expands Deployments of Enphase Energy System with IQ Battery 5P in Florida • GlobeNewswire Inc. • 05/02/2024 12:00:00 PM
- Tesla Surges 12% with 2025 Affordable Vehicle Promise, Evotec Slumps 36% on Uncertain Outlook, and Latest Earnings • IH Market News • 04/24/2024 11:29:58 AM
- Enphase Energy Reports Financial Results for the First Quarter of 2024 • GlobeNewswire Inc. • 04/23/2024 08:05:00 PM
- U.S. Index Futures Rise in Pre-Market, Oil Prices Dip Slightly • IH Market News • 04/23/2024 11:26:41 AM
- Enphase Energy Partners with Octopus Energy Group in the United Kingdom • GlobeNewswire Inc. • 04/22/2024 12:00:00 PM
- Enphase Energy Launches IQ Combiner Lite for Social Housing in the Netherlands • GlobeNewswire Inc. • 04/18/2024 12:00:00 PM
- Enphase Energy Launches Power Control Software for its Home Solar and Battery Systems • GlobeNewswire Inc. • 04/11/2024 12:00:00 PM
- Enphase Energy Announces Conference Call to Review First Quarter 2024 Financial Results Tuesday, April 23, 2024 at 4:30 p.m. Eastern Time • GlobeNewswire Inc. • 04/09/2024 12:00:00 PM
- Enphase Energy Launches IQ8P Microinverters for High-Powered Solar Modules in France and Spain • GlobeNewswire Inc. • 04/02/2024 12:00:00 PM
- Enphase Energy Launches IQ8P Microinverters for High-Powered Solar Modules in Thailand and the Philippines • GlobeNewswire Inc. • 03/28/2024 12:00:00 PM
- Enphase Energy and Semper Solaris Expand Collaboration in California with Enphase Energy Systems • GlobeNewswire Inc. • 03/07/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:06:48 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:56:45 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 11:16:26 PM
- Enphase Energy Starts Shipping New Home Energy Systems in Italy with IQ Batteries • GlobeNewswire Inc. • 02/26/2024 01:00:00 PM
- Enphase Energy Expands Solargraf Platform with New Design, Proposal, and Permitting Features • GlobeNewswire Inc. • 02/20/2024 01:00:00 PM
- Enphase Energy Applauds Dutch Senate’s Decision to Extend Solar Net Metering • GlobeNewswire Inc. • 02/14/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 10:54:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 10:53:34 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/09/2024 10:01:50 PM
- Traders May Cash In On Recent Strength On Wall Street • IH Market News • 02/08/2024 02:00:54 PM
- S&P 500 Climbs To New Record Closing High Just Shy Of 5,000 • IH Market News • 02/07/2024 10:00:00 PM
- Futures Pointing To Initial Strength On Wall Street • IH Market News • 02/07/2024 02:12:55 PM
- Moody’s Downgrades NYCB to Junk Status, Ford Declares Special Dividend, and Other Market Updates • IH Market News • 02/07/2024 10:49:44 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2024 09:06:54 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM