Astrapé - Ownership and Business Overview

SoftwareCompany

Astrapé Ownership

Who owns Astrapé?

Astrapé is owned by PowerGEM. It was acquired on April 30, 2024.

Astrapé Business Overview

Where is Astrapé headquartered?

Astrapé is headquartered in Hoover, Alabama.

What sector is Astrapé in?

Astrapé is a software company.

When was Astrapé founded?

Astrapé was founded in 2005.

Software M&A Summary in 2024

Out of 60 sectors in the Mergr database, software ranked 4 in number of deals in 2024. The largest software acquisition in 2024 was ANSYS - which was acquired by Synopsys for $35.0B.

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Astrapé

Astrapé Consulting

3000 Galleria Circle, Suite 575,
Hoover, Alabama 35244
United States,
(205) 988-4404
www.astrape.com

Astrapé provides software and related consulting services to help system planners keep the lights on while transitioning from traditional power generation to clean energy resources. Used by some of the largest system operators and utilities, Astrapé’s SERVM (Strategic Energy and Risk Valuation Model) has become a leading risk modeling solution for resource adequacy studies, resource capacity accreditation, renewable integration assessments, and resource expansion planning studies. Astrapé was founded in 2005 and is based in Hoover, Alabama.


Company Summary

SECTOR

Software

Established

2005

Subsidiary of

PowerGEM

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