Schneider Electric, AES and Huck Capital-Led Group Invest in Uplight at $1.5B Valuation

Tendril and Simple Energy Merge to Form Uplight; Rubicon Technology Partners Majority Investor

July 15, 2019

Energy

Tendril and Simple Energy merged their operations to form Uplight, combining multiple utility-focused software assets (including recent acquisitions EEme, EnergySavvy and FirstFuel) into an end-to-end customer energy platform. Rubicon Technology Partners remains the majority shareholder and The AES Corporation continues as a key investor to support the company's growth serving electric and gas utilities.

Uplight Acquires Ecotagious

August 6, 2019

Data & Analytics

Uplight has acquired Ecotagious to integrate Ecotagious' machine-learning smart meter disaggregation and appliance-level energy insights into Uplight's customer-centric energy action platform. The deal expands Uplight's analytics and personalization capabilities for utilities, combining Ecotagious' SaaS insights used by utilities in Canada, the United States and internationally with Uplight's broader suite of utility-facing solutions.

Edison Partners Leads $17.5M Growth Investment in Overhaul

March 10, 2020

Logistics & Distribution

Edison Partners led a $17.5 million growth equity investment in Overhaul, a real-time supply chain integrity technology provider. The capital is intended to accelerate Overhaul's growth, bolster product offerings and expand its team and global footprint, including a new European headquarters in Ireland.

Searchlight Capital Partners Acquires EIS from Audax Private Equity

November 1, 2024

Industrial Services

Searchlight Capital Partners has acquired EIS, a value-added distributor of process materials and production supplies, from Audax Private Equity; terms were not disclosed. Audax had owned EIS since 2019 and grew the business via a buy-and-build strategy (six add-ons and expanded fabrication/distribution footprint) to position the company for continued growth in electrification, renewable energy and aftermarket end markets.

ArcLight Capital Partners Acquires Advanced Power

July 24, 2025

Energy

ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.

ETFS Capital Makes Strategic Investment in Skylight IPV

January 7, 2020

Financial Services

Skylight IPV Limited, a London-based independent price verification provider for OTC derivatives, secured a significant investment from ETFS Capital to strengthen its balance sheet and accelerate product and technology development. The funding will support Skylight's expansion of IPV services across major asset classes and provide strategic and practical support from ETFS Capital.