Northleaf Capital Partners-backed Provident Energy Management completed the acquisition of PowerStream Energy Services from Alectra Energy Services.

Northleaf Capital Partners-backed Provident Energy Management, an energy services company, completed the acquisition of PowerStream Energy Services, a Canadian utility sub-metering and billing solutions company, from Alectra Energy Services, a Canadian company providing turnkey energy solutions with a focus on electrification and sustainability. Financial terms were not disclosed. "We are incredibly excited to expand our footprint with the acquisition of PowerStream. This transaction will continue to drive our goals forward, and we look forward to onboarding PowerStream’s customers and team members seamlessly," Sean Smith, Provident Energy Management CEO.