Harris Williams Advises Veregy on its Sale to Court Square Capital Partners
November 04 2020 - 9:37AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces that it advised Veregy, a
portfolio company of Bow River Capital, on its sale to Court Square
Capital Partners (Court Square). Veregy is an energy services
company (ESCO) that designs, engineers and implements eco-friendly
building and system optimizations that minimize upfront costs and
produce meaningful energy and operational savings. The transaction
was led by Luke Semple, Drew Spitzer, Ian Thomas, Greg Waller and
Trevor Casey of the Harris Williams Energy, Power &
Infrastructure (EPI) Group.
“It was a pleasure to work with the Veregy team on this
transaction,” said Drew Spitzer, a managing director at Harris
Williams. “Veregy is a leader in delivering energy efficient
solutions and is recognized throughout the industry for providing
their clients with long-term value and best-in-class customer
service.”
“ESCOs continue to operate at the forefront of the energy
transition and Veregy has taken a leading role in driving customer
adoption of energy efficient and renewable energy solutions,” added
Luke Semple, a managing director at Harris Williams. “This
transaction illustrates the strong market interest in scale service
providers accelerating the energy transition.”
Veregy offers energy efficiency upgrades, building automation,
engineering services, solar generation, battery storage and energy
management to clients in both public and private sectors. With over
500 employees operating across the country, including more than 50
professional engineers, Veregy has the technical expertise to
address customers’ most complex challenges. Veregy has optimized
thousands of buildings and generated billions of dollars in real
savings for its clients.
Bow River Capital is a private alternative asset management
company based in Denver that is focused on investing in the lower
middle market in three asset classes, including private equity,
real estate and software growth equity. For more information on Bow
River Capital, please visit www.bowrivercapital.com.
Court Square is a middle market private equity firm with one of
the most experienced investment teams in the industry. Since 1979,
the team has completed over 230 investments, including several
landmark transactions, and has developed numerous businesses into
leaders in their respective markets. Court Square invests in
companies that have compelling growth potential within the business
services, general industrial, healthcare, and technology and
telecommunications sectors. The firm has $7.0 billion of assets
under management and is based in New York.
Harris Williams, an investment bank specializing in M&A
advisory services, advocates for sellers and buyers of companies
worldwide through critical milestones and provides thoughtful
advice during the lives of their businesses. By collaborating as
one firm across Industry Groups and geographies, the firm helps its
clients achieve outcomes that support their objectives and
strategically create value. Harris Williams is committed to
execution excellence and to building enduring, valued relationships
that are based on mutual trust. Harris Williams is a subsidiary of
the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams EPI Group has significant experience
advising market leading providers of technology, services and
products across a broad range of sectors. These sectors include
energy management; infrastructure services; utility services;
testing, inspection, and certification services; environmental
services; engineering and construction; power products and
technology; and energy technology. For more information on the
Group’s experience, please visit the EPI Group’s section of the
Harris Williams website.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. awaited). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201104005408/en/
Media Inquiries: Julia Moore, media@harriswilliams.com.
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Jul 2024 to Aug 2024
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Aug 2023 to Aug 2024