Add-on Acquisition • Business Services

CLEAResult Acquires Triple Point Energy

On March 10, 2015, CLEAResult acquired business services company Triple Point Energy

Acquisition Context
  • This is CLEAResult’s 4th transaction in the Business Services sector.
  • This is CLEAResult’s 5th transaction in the United States.
  • This is CLEAResult’s 3rd transaction in Oregon.

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M&A Deal Summary

Date March 10, 2015
Target Triple Point Energy
Sector Business Services
Buyer(s) CLEAResult
Deal Type Add-on Acquisition

Target Company

Triple Point Energy

Portland, Oregon, United States
Triple Point Energy, Inc. is a provider of strategic energy management to help utilities engage with commercial and industrial customers of all sizes in a low cost and no capital cost way. Triple Point’s holistic approach allows businesses to implement behavioral and operational changes that increase quality and productivity while driving meaningful and persistent energy and operational savings.
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Buyer Overview 1

Buyer

CLEAResult

Austin, Texas, United States

Category Company
Founded 2003
Sector Business Services
Employees2,500
DESCRIPTION

CLEAResult provides energy efficiency, transition, and sustainability services. The company collaborates with a diverse network of local partners to deliver technology and personalized services, making it easy for commercial and industrial businesses, governments, utilities, and residential customers to reduce their energy use and greenhouse gas emissions. CLEAResult was founded in 2003 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 5 of 12
Sector: Business Services 4 of 7
Type: Add-on Acquisition 5 of 9
State: Oregon 3 of 3
Country: United States 5 of 11
Year: 2015 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-16 Portland Energy Conservation

Portland, Oregon, United States

Portland Energy Conservation, Inc. is a nonprofit corporation dedicated to creating the new energy economy. PECI is a provider in the field of energy resource management, with expertise in designing and implementing energy efficiency programs for utility and government agency clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-30 Conservation Services Group

Westborough, Massachusetts, United States

Conservation Services Group, Inc. is a provider of residential energy efficiency programs in the United States. CSG has improved the efficiency, safety, comfort, affordability and durability of more than 3.8 million homes.

Buy -