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  5. Exceleron Acquires PayGo Utilities

M&A Deal Summary

Exceleron Acquires PayGo Utilities

On May 21, 2024, Exceleron acquired software company PayGo Utilities

Acquisition Highlights
  • This is Exceleron’s 1st transaction in the Software sector.
  • This is Exceleron’s 1st transaction in the United States.
  • This is Exceleron’s 1st transaction in Georgia.

M&A Deal Summary
Date 2024-05-21
Target PayGo Utilities
Sector Software
Buyer(s) Exceleron
Deal Type Merger

Target

PayGo Utilities

Alpharetta, Georgia, United States
PayGo Utilities provides cloud-based software solutions that offer prepaid payment services for utility customers in the United States. The software is installed remotely on household smart meters, collecting utilization data. The data is used to estimate and alert customers to the dollar amount and days remaining until additional funds need to be added to continue full service. PayGo Utilities was founded in 2006 and is based in Alpharetta, Georgia.

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Buyer(S) 1

Buyer

Exceleron

Dallas, Texas, United States
Category Company
Sector Software
DESCRIPTION

Exceleron is a software company specializing in utility prepayment and customer engagement solutions. Exceleron was founded in 1999 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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