Fort Capital Partners is pleased to announce that Clevest Solutions Inc. (“Clevest” or the “Company”) has received a strategic equity investment from Energy Impact Partners (“EIP”).
Clevest is a leading provider of innovative workforce management and smart grid operations software solutions for utilities. The Company helps utilities of all sizes deliver safe, reliable and superior services through innovative and configurable mobile workforce management and smart grid operations software. Clevest solutions allow utilities to automate, optimize, and better manage field operations, while enabling measurable fuel emission reductions. Over 220 electric, gas and water utilities worldwide have selected Clevest as their mobile workforce partner. For more information, visit www.clevest.com.
EIP is a private equity firm that strategically invests in innovative technologies, services, and products throughout the electricity supply chain from generation to consumption. Through close collaboration with its utility partner investor base, EIP seeks to bring the best companies, buying power and vision in the industry to bear on the emerging energy landscape. Collectively EIP’s utility partners encompass a network of 53 utilities operating in 18 countries globally. For more information, visit www.energyimpactpartners.com.
This transaction enables Clevest to continue to execute on its growth strategy with the additional support of a highly strategic industry investor.
Fort Capital Partners acted as financial advisor to Clevest with respect to the transaction.