Blackstone and Vista Equity completed the acquisition of Energy Exemplar from The Riverside Company.

Blackstone, an alternative investment management company, and Vista Equity, a private equity firm, completed the acquisition of Energy Exemplar, a simulation software provider for the global power market, from The Riverside Company, a private investment firm focused on the smaller end of the middle market. Financial terms were not disclosed. “We’re incredibly proud of our partnership and accomplishments with Energy Exemplar over the past six years. During our partnership with EE’s Founder Glenn Drayton, we recruited CEO David Wilson and built an effective international management team and grew the employee base by 7x. We also scaled a small Adelaide-based software business into 79 countries with major offices in India, United Kingdom, North America and Singapore by establishing a global presence in sales, marketing, customer support and product development," Simon Feiglin, RAF Managing Partner.