M&A Deal Summary

Celerity Consulting Acquires Clear Path Utility Solutions

On April 26, 2023, Celerity Consulting acquired business services company Clear Path Utility Solutions

Acquisition Highlights
  • This is Celerity Consulting’s 1st transaction in the Business Services sector.
  • This is Celerity Consulting’s 1st transaction in the United States.
  • This is Celerity Consulting’s 1st transaction in California.

M&A Deal Summary

Date 2023-04-26
Target Clear Path Utility Solutions
Sector Business Services
Buyer(s) Celerity Consulting
Deal Type Add-on Acquisition

Target

Clear Path Utility Solutions

Auburn, California, United States
Clear Path Utility Solutions provides expert consulting and professional services to the gas and electric utility sector specializing in asset and vegetation management. Clear Path has a broad range of capabilities, able to take on unique and specialized projects, recruit qualified resources, perform quality work with a commitment to safety, and has a history of bringing projects in on time and within budget. Some of the services the company specializes in are utility vegetation management (UVM) program design & auditing, management of emergencies such as wildfires, hurricanes, & ice storms, providing onsite contract management of UVM programs, developing new integrated vegetation management programs (IVM) for utilities & municipalities, Registered Professional Forester services, environmental compliance inspections, and much more. Clear Path Utility Solutions was formed in 2015 and is based in Auburn, California.

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Buyer(S) 1

Buyer

Celerity Consulting

San Francisco, California, United States

Category Company
Founded 2001
Sector Information Services
DESCRIPTION

Celerity Consulting is a provider of information management consulting services for gas and electric utilities, state governments, law firms, and corporations. Celerity specializes in helping its customers retrieve, organize, and analyze large, complex data and records for litigation, compliance, and risk management purposes. Celerity Consulting was founded in 2001 and headquartered in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1