M&A Deal Summary

Priority Power Acquires Satori Energy

On February 1, 2021, Priority Power acquired energy services and equipment company Satori Energy

Acquisition Highlights
  • This is Priority Power’s 1st transaction in the Energy Services and Equipment sector.
  • This is Priority Power’s 3rd transaction in the United States.
  • This is Priority Power’s 1st transaction in Illinois.

M&A Deal Summary
Date 2021-02-01
Target Satori Energy
Sector Energy Services and Equipment
Buyer(s) Priority Power
Deal Type Add-on Acquisition

Target

Satori Energy

Chicago, Illinois, United States
Satori Energy is an energy consulting firm that provides industry expertise and service to more than 55,000 industrial, municipal, and residential clients in 25 states and the District of Columbia, Canada, and Mexico. Satori Energy's capabilities span the spectrum of Energy Structuring and Market Intelligence Operations, including energy procurement, market price monitoring, contract administration, review, and negotiation, transaction due diligence, demand-side curtailment program evaluation, energy and invoice auditing, capacity PLC notification, budgeting, and forecasting, and utility account and service setup. Satori Energy was founded in 2003 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Priority Power

Arlington, Texas, United States
Category Company
Founded 2001
Sector Business Services
DESCRIPTION

Priority Power is an independent energy management and consulting services firm to large commercial and industrial customers. PPM develops and implement strategies that mitigate risk and overcome ?hallenges associated with managing energy data, supply, demand and delivery infrastructure. Priority Power was founded in 2001 and is based in Arlington, Texas.

DEAL STATS #
Overall 3 of 5
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 3 of 4
State (Illinois) 1 of 2
Country (United States) 3 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 Texas Power Consultants

Tyler, Texas, United States

Texas Power Consultants LLC provides energy advisory and consulting services to electric retail customers in East Texas and beyond. Texas Power Consultants is based in Tyler, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-23 Affordable Gas & Electric - Energy Procurement and Solar Development Business

Mt Vernon, Illinois, United States

Affordable Gas & Electric Co.'s Energy Procurement and Solar Development Business provides energy procurement, consulting, and solar development services to hundreds of municipalities, Chambers of Commerce, businesses and industrial clients throughout Illinois and Ohio.

Buy -
Mergr

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