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  6. Utegration Acquires HPC America

M&A Deal Summary

Utegration Acquires HPC America

On October 22, 2019, Utegration acquired information technology company HPC America

Acquisition Highlights
  • This is Utegration’s 1st transaction in the Information Technology sector.
  • This is Utegration’s 1st transaction in the United States.
  • This is Utegration’s 1st transaction in California.

M&A Deal Summary
Date 2019-10-22
Target HPC America
Sector Information Technology
Buyer(s) Utegration
Deal Type Add-on Acquisition

Target

HPC America

San Ramon, California, United States
HPC America was established in 1994 and is the original developer of the “FERC module” still offered by a major global software provider. Since then, HPC has provided consulting services to utility companies around finance, CRM and billing, and work management. HPC has also continued to innovate software, most recently with its HPC DECIPHER add-on solution, which helps utilities to meet their regulatory reporting obligations faster and with more defensible data.

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Buyer(S) 1

Buyer

Utegration

Houston, Texas, United States
Category Company
Founded 2008
Sector Business Services
DESCRIPTION

Utegration is a provider of consulting, customization, and implementation solutions to the utility industry. Utegration implements solutions that enhance utility customer satisfaction, achieve regulatory mandates for improvements in service, provide valuable detailed data regarding resource usage by customer, and prepare utilities to address the increasing complexity of the power grid. Utegration was established in 2008 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology 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: 2019 M&A 1 of 1
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