Ara Partners-Backed Priority Power Closes Acquisition of EE Partners.

Priority Power Management, an independent energy management services and consulting firm, acquired EE Partners. Priority is backed by Ara Partners Group, an industrial private equity firm that invests in companies with sustainable competitive advantages employing greater resource efficiency. Financial terms were not disclosed. EEP, headquartered in Midland, Texas, offers specialized electrical engineering and technical services. EEP will strengthen Priority's electric infrastructure solutions, including the development of private microgrids that deliver optionality to customers. "We have worked alongside EE Partners for many years serving many of the same customers. EE Partners brings incremental technical resource additions to our team. Together with Charlie Adams and his team, I am confident we can further enhance our service offering to our joint existing customer base, as well as new prospective customers."John Bick, Managing Principal at Priority.