The Navita acquisition brought additional energy expertise and client base to the Group. A significant company in the physical power markets, it offered a vital contribution to Brady PLC as a whole. It helped to consolidate the company’s position as the leading energy software company in Europe. The combination of Brady Energy’s (formerly Viz) financial and risk management skills aligned with Navita’s proven strength in physical energy trading made a very compelling rationale for the acquisition. Brady raised £18 million to fund the transaction, which once again broadened its investor base and increased liquidity in the company’s stock.