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  6. Convey Acquires Powerley

M&A Deal Summary

Convey Acquires Powerley

On October 30, 2025, Convey acquired internet software and services company Powerley

Acquisition Highlights
  • This is Convey’s 1st transaction in the Internet Software and Services sector.
  • This is Convey’s 3rd transaction in the United States.
  • This is Convey’s 1st transaction in Michigan.

M&A Deal Summary
Date 2025-10-30
Target Powerley
Sector Internet Software and Services
Buyer(s) Convey
Deal Type Add-on Acquisition

Target

Powerley

Royal Oak, Michigan, United States
Powerley is a SaaS provider and pioneer in AI-powered home energy management and customer experience tools for utilities. Powerley was founded in 2015 and is based in Royal Oak, Michigan.

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Buyer(S) 1

Buyer

Convey

Denver, Colorado, United States
Category Company
Founded 1998
Sector Software
DESCRIPTION

Convey is a provider of customer engagement software for electric utilities and other highly regulated industry sectors. Convey's software solutions drive increased customer satisfaction, operational efficiency, self-service, and conversion across several communication channels and critical use cases, including power outages, payments, and energy efficiency. Convey was founded in 1998 and is based in Denver, Colorado.

DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-19 West Utilities

Omaha, Nebraska, United States

West Utilities provides high-speed, high-volume and targeted messages during critical incidents, such as power outages.

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