TPI Efficiency Acquires Greenstar Solutions' Electricity and Natural Gas Business

TPI Efficiency (ScaleCo) Acquires The Utilities Group

May 6, 2025

Energy

TPI Efficiency, a Cleveland-based energy brokerage and sustainability consulting firm and portfolio company of ScaleCo Capital, has acquired The Utilities Group (TUG), a Cincinnati-based energy management and sustainability consultant. The add-on, supported by ScaleCo and growth capital from Tecum Capital, expands TPI's geographic footprint in Ohio and enhances its procurement and sustainability service offerings to commercial and industrial clients.

ScaleCo Management LLC Acquires TPI Efficiency

October 31, 2022

Professional Services

ScaleCo Management LLC has made a platform investment in Total Procurement Intelligence (TPI Efficiency), a Cleveland-based energy procurement and utility consulting firm founded in 2009 by Roger Zona. The investment (ScaleCo's 22nd platform and third from Fund IV) will provide capital and operational support to expand TPI Efficiency's energy procurement, efficiency services, and LED lighting offerings nationwide.

TPI Efficiency (ScaleCo) Acquires Community Energy Advisors and Viridi

January 29, 2026

Energy

TPI Efficiency, a ScaleCo Capital portfolio company, has acquired Community Energy Advisors (CEA) and sister company Viridi in Medina, Ohio as the third and fourth add-on acquisitions for the platform. ScaleCo completed the transaction in partnership with Agility Equity Partners and Tecum Capital to expand TPI's energy procurement, advisory and efficiency capabilities and to broaden its Chamber-driven channel reach across the Midwest.

Crete United Acquires ProStar Energy Solutions

March 19, 2024

HVAC & Mechanical

Charlotte-based Crete United has acquired ProStar Energy Solutions, a Frisco, Texas energy-efficiency and building-automation firm. The deal adds ProStar’s IoT- and AI-powered controls, HVAC optimization and energy-management-as-a-service capabilities to Crete United’s nationwide MEP platform as the company scales toward its near-term revenue goals.

True Green Capital Management Acquires Majority Stake in CleanChoice Energy

April 28, 2023

Energy

Funds managed by True Green Capital Management (TGC) agreed to acquire a majority ownership stake in CleanChoice Energy and will commit an additional $100 million to develop, acquire, own, and operate CleanChoice solar projects. The deal will combine CleanChoice's retail green energy platform and customer base (about 215,000 residential customers) with TGC's solar generation capabilities across multiple U.S. competitive markets, securing long-term access to power, capacity, and RECs to support growth.

Blackstone Infrastructure Partners Acquires ~44% Economic Interest in Tallgrass Energy

February 5, 2019

Energy

Affiliates of Blackstone Infrastructure Partners agreed to acquire 100% of the general partner membership interests and approximately a 44% economic interest in Tallgrass Energy, LP from Kelso & Co., The Energy & Minerals Group and certain management investors for about $3.3 billion in cash. Singapore sovereign wealth fund GIC will be a minority investor in the transaction; the deal represents an ownership transition and provides capital and strategic support for Tallgrass’s midstream growth projects.