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HVAC Breaking News / News

Jan. 29, 2013: Arborview Capital Announces Acquisition of Energy Automation Systems

CHEVY CHASE, Md. — Arborview Capital announced that it has completed the acquisition of Energy Automation Systems Inc. (EASI), a provider of 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. EASI designs and implements systems with a full range of energy conservation measures, which address all major load areas in facilities (HVAC, refrigeration, motors, and lighting), and also address power quality issues. According to the company, it designs solutions to meet customers’ payback requirements (typically two to three year payback, with 10 to 30 percent annual energy savings), and then provides a savings guarantee underwritten by an A-rated insurance carrier.

“The Arborview partnership will allow EASI to accelerate our growth,” said 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.”

Within the broader energy efficiency market, the industrial and commercial sectors — which account for 41 percent of energy use in the U.S. — represent a large and attractive addressable market opportunity that has been under-penetrated to-date, said the companies.

“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.”

For more information about EASI, visit www.energyautomation.com.

Publication date: 1/28/2013

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