Announced
Completed
Financials
Sources
Tags
Majority
Friendly
Information / Data Services
Private Equity
Private
United States
power generation services
Acquisition
data insights
Completed
Domestic
Single Bidder
Synopsis
Genstar Capital-backed Enverus, an energy SaaS company, completed the acquisition of Energy Acuity, a provider of power generation and power delivery market data with specific expertise in renewable energy. Financial terms were not disclosed. "As energy markets rapidly evolve and investments in renewable generation increase, the need for analytical solutions to capitalize on this opportunity will also grow. Over the past five years, our company has made significant investments through targeted acquisitions and organic development. The addition of Energy Acuity will allow us to create the most comprehensive end-to-end energy offering in the industry," Manuj Nikhanj, Enverus President.
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