Energy Exemplar set for growth with acquisition by Blackstone and Vista Equity Partners
Energy Exemplar, a global leader in energy market simulation software, is set to be acquired by private equity funds affiliated with Blackstone and Vista Equity Partners. This key strategic move is expected to propel the company into a new growth phase, emphasizing platform innovation and supporting global grid reliability and the energy transition.
Energy Exemplar: Leading Market Presence and Innovation
Energy Exemplar, renowned for its cutting-edge optimization-based energy market simulation technology, offers a comprehensive cloud software suite including PLEXOS and Aurora. Trusted by hundreds of organizations globally, these tools facilitate a range of critical functions from short-term analysis to extensive long-term planning studies. Recognized for continuous innovation and first-to-market advancements in programming and energy market simulations, Energy Exemplar aims to provide an all-encompassing Energy Analytics Platform to its growing customer base. With a consistent growth rate of 30% CAGR since 2018, the company currently extends its services to over 500 customers across 79 countries.
Executive Insights on the Acquisition
David Wilson, CEO of Energy Exemplar, expressed his enthusiasm about the partnership, anticipating an acceleration in investment in their leading SaaS platform. He highlighted the unique expertise Blackstone and Vista bring in the energy and software sectors, vital for driving Energy Exemplar’s position as a primary solution provider in the energy transition.
Vista and Blackstone’s Perspectives and Future Goals
Ryan Atlas, Managing Director at Vista Equity Partners, commented on the potential growth and market leadership of Energy Exemplar in the dynamic global energy sector. Bilal Khan, Senior Managing Director at Blackstone Energy Transition Partners, also shared his excitement for the acquisition, noting Energy Exemplar’s essential role in supporting renewable energy growth and grid investment for the energy transition. The combined strengths of Vista and Blackstone are expected to further drive innovation and customer value in Energy Exemplar’s offerings.
Advisory and Legal Assistance
The acquisition was facilitated with Kirkland & Ellis LLP and William Blair advising Blackstone and Vista, while Lazard, Jones Day, and Herbert Smith Freehills provided financial and legal counsel to Energy Exemplar.
This strategic acquisition by Blackstone and Vista Equity Partners marks a significant development in the energy sector, particularly in the domain of energy market simulation software. It reflects the growing importance of advanced technological solutions in driving the future of energy transition and grid reliability. As the industry moves forward, the enhanced capabilities and resources from this acquisition are set to make a substantial impact on Energy Exemplar’s trajectory and the wider energy market.
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