PowerGEM Acquires Astrapé Consulting

April 30, 2024

PowerGEM, LLC has acquired Astrapé Consulting to combine complementary software and consulting capabilities for power grid reliability, market modeling and resource adequacy. The combined company — led by new CEO Joe DeMatteo with Astrapé founders remaining in executive roles — will offer expanded software (TARA, PROBE, SERVM) and technical services to North American system operators, utilities and developers.

Buyers
PowerGEM, LLC
Targets
Astrapé Consulting
Industry
Energy
Location
Alabama, United States
Transaction Type
Buyout

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