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New Deal


Announced

Completed

Rubicon Technology Partners completed the investment in Ascend Analytics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software & Consulting

United States

energy consulting

analytics solutions

Engineering Consulting

Acquisition

Domestic

Private

Private Equity

Minority

Completed

Friendly

Single Bidder

Synopsis

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Rubicon Technology Partners, a private equity firm, completed the investment in Ascend Analytics, a provider of energy transition analytics solutions, with participation from Galvanize Climate Solutions and Silversmith Capital Partners, investment firms. Financial terms were not disclosed. "For multiple decades, Ascend’s mission has been to help its customers realize their energy transition objectives. Having now reached an inflection point in the transition, this partnership allows Ascend to grow at the speed and scale necessary to meet the moment. We are so proud of everything our team has accomplished, and although we are veterans in the sector, it feels like we are just getting started,” Gary Dorris, Ascend CEO and co-founder.

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