H.I.G. Capital Acquires Comverge, Inc. @EONpr @resilient_ent #PrivateEquity

MIAMI--(EON: Enhanced Online News)--H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm, today announced the acquisition of Comverge, Inc. (“Comverge” or the “Company”) by affiliates of H.I.G.” Based in Norcross, GA, Comverge is a leading provider of intelligent energy management solutions that empower utilities, commercial and industrial users and homeowners to use energy in a more effective and efficient manner.

The Company's core demand response product offering includes hardware, software and services that enable the management of peak electricity demand and has a strong value proposition by providing enhanced grid reliability at a lower cost relative to power plants.

With almost 30 years of experience in the industry, Comverge has a strong market position and broad customer footprint with over 500 utility and 2,100 commercial customers and having enrolled over one million residential participants in demand response programs.

READ MORE VIA @EONpr @resilient_ent benny quetell resilient media entertainment private equity

RESILIENT MEDIA ENTERTAINMENT

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