Announced
Completed
Financials
Sources
Tags
Acquisition
Domestic
Completed
Software
Private
Private Equity
United States
energy accounting
Friendly
Single Bidder
Minority
Synopsis
Resurgens Technology Partners, a software-focused private equity firm, completed the investment in EnergyCAP, a provider of energy management and energy accounting software products. Financial terms were not disclosed. “EnergyCAP has proven its ability time and time again to adapt to the evolution in technology and the utility management industry. They provide not just a ‘slick tool’ for a simple problem; rather, they help customers solve for difficult mission-critical problems with an impressive blue-chip and loyal customer base. In addition, they have created a true community-oriented culture that enables employees to perform at their best. We are excited about partnering with EnergyCAP in this next phase of the company’s growth and expansion,” Fred Sturgis, Resurgens’ Managing Director.
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