Merger • Software

Exceleron Acquires PayGo Utilities

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

Acquisition Context

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.

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

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Merger	1 of 1
State: Georgia	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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