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Announced

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Boyne Capital completed the acquisition Pilot Power Group.

Synopsis

Boyne Capital, a Florida-based private equity firm focused on investments in lower middle market companies, completed the acquisition Pilot Power Group, a provider of electric utility billing & data management services, energy portfolio management, and energy procurement strategies. Financial terms were not disclosed. "Throughout its 20-year history, Pilot has proven itself a utility sector thought leader by successfully creating custom-designed cost-saving programs for large-scale electricity consumers and aggregators. The Company offers turnkey solutions to its customers that provide a level of transparency uncommon in the complex world of electricity procurement and resource planning. We are honored that the senior executive team chose to partner with Boyne, and we are encouraged by the growth opportunities we see for this platform," Derek McDowell, Boyne Capital Managing Partner and CEO.

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