Ara Partners invested in Priority Power.

Ara Partners Group, an industrial private equity firm made a significant investment in Priority Power Management, an independent energy management services and consulting firm headquartered in Texas. Financial terms of the transaction were not disclosed. Troy Thacker, a Managing Partner at Ara Partners, commented, "Our investment in Priority Power reflects the best-in-class customer service that Priority Power has exhibited throughout its 18-year history. Priority Power's efficient energy and risk management solutions and advocacy for its customers—often as a virtual extension of their staff—has enabled the company to grow to managing over 11 terawatt hours of energy annually. We are excited to help John and Pat continue to build Priority Power through both organic and acquisition-led strategies."