Morgan Stanley Capital Partners Acquires Resource Innovations

BV Investment Partners Makes Majority Investment in Resource Innovations and Adds Nexant

May 12, 2021

Energy

BV Investment Partners made a majority investment in Resource Innovations and concurrently combined the business with energy software and consulting firm Nexant to create a larger, integrated energy efficiency and software solutions platform. Lauren Casentini will lead the combined company as CEO as BV looks to accelerate product development and expand presence in demand response, distributed energy resources, and electrification markets.

Resource Innovations Acquires Shifted Energy

October 9, 2025

Energy

Resource Innovations (RI), a San Francisco–based utility software and consulting platform, has acquired Honolulu-based Shifted Energy to integrate its Grid Maestro DERMS technology into RI’s demand-side management (DSM) and grid-edge offerings. The deal expands RI’s capability to deliver end-to-end virtual power plant and flexible load management solutions at scale, with a focus on equitable access for renters and underserved communities.

MidOcean Partners Acquires The Re-Sourcing Group from McNally Capital

January 17, 2024

Staffing & HR

MidOcean Partners has made a significant investment to acquire The Re-Sourcing Group from McNally Capital, providing capital and resources to accelerate the company's growth and expand its solutions and geographic footprint. Re-Sourcing is a professional services and staffing platform specializing in finance & accounting, legal & compliance, and IT, operating multiple branded businesses with more than 200 employees across roughly 19–20 offices.

Resource Innovations Acquires Richard Heath & Associates, Inc.

February 25, 2025

Energy

Resource Innovations (RI), a Morgan Stanley Capital Partners–backed energy transformation firm, has acquired Richard Heath & Associates, Inc. (RHA), a Fresno-based provider of energy efficiency, resilience, and public-health related services for underserved communities. The add-on expands RI’s capabilities and team (bringing the combined organization to over 1,100 professionals) to better serve utility, government, and corporate clients with enhanced solutions in energy storage, resiliency, water conservation, community engagement, and workforce development.

Morgan Stanley Capital Partners Acquires FoodScience

November 19, 2024

Food & Beverage

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have acquired FoodScience, a Williston, Vermont-based formulator, manufacturer and marketer of pet and human nutritional supplements, from Wind Point Partners. MSCP said it will work with CEO Sharon Rossi to pursue organic growth and strategic M&A to expand FoodScience's portfolio and capabilities.

Resource Innovations Acquires TechniArt

December 22, 2022

Cloud & SaaS

Resource Innovations, a women-led clean energy transformation firm and portfolio company of BV Investment Partners, has acquired Connecticut-based e-commerce and customer engagement company TechniArt. The add-on expands RI's digital and e-commerce capabilities to help utilities drive adoption of energy-efficient and electrification measures through improved customer engagement and program delivery.