Welcome!

News Feed Item

Arborview Capital Announces the Acquisition of Energy Automation Systems in Partnership with Management

CHEVY CHASE, Md., Jan. 10, 2013 /PRNewswire/ -- Arborview Capital announced today that it has completed the acquisition of Energy Automation Systems, Inc. ("EASI"), a leader in providing energy efficiency solutions for large industrial and commercial facilities. Arborview completed the transaction in partnership with Paul Bleiweis, CEO of EASI.

EASI's primary customers are large, multi-site manufacturing and commercial companies, who often engage EASI over a period of years to implement projects at multiple facilities. The Company provides unique energy saving solutions which are well suited to the needs of corporate customers. EASI designs and implements systems with a full range of energy conservation measures (ECMs), which address all major load areas in facilities (motors, HVAC, refrigeration, lighting), and also address power quality issues. EASI designs solutions to meet customers' payback requirements (typically 2 – 3 year payback, with 10 – 30% annual energy savings), and then provides a savings guarantee underwritten by an A-rated insurance carrier.  EASI's ECMs are also non-invasive (don't require changes to equipment), and primarily passive, meaning building occupants do not need to change their behavior. EASI has completed numerous projects with Fortune 500 customers.

"The Arborview partnership will allow EASI to accelerate our growth," said EASI's CEO Bleiweis. "Arborview provides capital, contacts and expertise to help us better serve our existing customer base with an even broader range of energy conservation measures, and to bring our solutions to new market segments. We were determined to find the right partner to help us grow our business. What we like about Arborview is that they have deep experience in the energy efficiency market, they understand the challenges facing rapidly growing companies, and they truly take a collaborative approach to helping us grow."

Energy efficiency generally provides an attractive standalone return on investment and quick payback for end customers.  Within the broader energy efficiency market, the industrial and commercial sectors – which account for 41% of energy use in the U.S. – represent a large and attractive addressable market opportunity that has been under-penetrated to-date. Reducing energy costs has become a priority for an increasing number of industrial and commercial customers. To-date, large energy services companies have focused primarily on the government and institutional sectors, which have longer allowed payback periods (often 10 – 15 years). In contrast, industrial and commercial customers typically demand 2 – 3 year payback periods, and EASI provides a compelling solution by offering a range of the shortest-payback ECMs, with guaranteed savings.

"EASI is a leader and has a truly differentiated solution in what we believe is an attractive and growing market for industrial energy efficiency," said Joe Lipscomb, Partner of Arborview. "They have implemented solutions at numerous facilities for large corporate customers because they understand how these customers want to purchase energy efficiency solutions. These customers want an experienced partner who can provide a comprehensive solution, which doesn't require them to change how their facilities operate, with a guaranteed payback period that meets their corporate guidelines. We look forward to helping EASI to take its solutions to an even broader market."

"Energy efficiency is a key area of focus for Arborview as we continue to build a diversified portfolio of clean energy investments," said Karl Khoury, Partner of Arborview.  "EASI fits squarely into our growth equity investment strategy.  We seek to invest in established businesses that have strong leadership and superior organic growth potential.  We look forward to working with Paul Bleiweis and his team to continue building upon EASI's track record of success."

About EASI
Energy Automation Systems, Inc., based in Hendersonville, TN, was established in 1982 and provides energy efficiency solutions comprising a range of energy conservation measures for large industrial and commercial facilities. Typical customers are large, multi-site manufacturing companies, who often engage EASI over a period of years to implement projects at multiple facilities. Additional information is available at www.energyautomation.com.

About Arborview Capital
Arborview Capital is a private investment firm that makes growth equity investments in clean energy companies across the energy efficiency, resource efficiency and renewable energy sectors. The firm's principals have significant experience partnering with entrepreneurs to build industry leading companies.  Additional information is available at www.arborviewcapital.com.

SOURCE Energy Automation Systems, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
While many government agencies have embraced the idea of employing cloud computing as a tool for increasing the efficiency and flexibility of IT, many still struggle with large scale adoption. The challenge is mainly attributed to the federated structure of these agencies as well as the immaturity of brokerage and governance tools and models. Initiatives like FedRAMP are a great first step toward solving many of these challenges but there are a lot of unknowns that are yet to be tackled. In hi...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.