Resource Innovations Acquires Richard Heath & Associates, Inc.

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.

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.

Magnolia River Acquires Heath and Associates, Inc.

April 30, 2024

Energy

Magnolia River Services Inc. has acquired the assets and operations of Heath and Associates, Inc., a Shelby, North Carolina-based engineering and utility consulting firm serving municipal and cooperative natural gas systems. The deal brings Heath leadership into Magnolia River’s engineering organization and strengthens Magnolia River’s commitment and capabilities in the municipal natural gas market.

Morgan Stanley Capital Partners Acquires Resource Innovations

April 2, 2024

Energy

Investment funds managed by Morgan Stanley Capital Partners acquired a controlling interest in Resource Innovations from BV Investment Partners and certain other shareholders. Resource Innovations, a San Francisco Bay Area–headquartered tech-enabled services firm serving utilities, government and corporate clients on energy efficiency and decarbonization, will continue to be led by founder and CEO Lauren Casentini, who remains a significant equity holder; MSCP plans to support continued organic growth and M&A to expand the business.

Wealth Enhancement Group Acquires Asset Management Resources, LLC

December 19, 2023

Financial Services

Wealth Enhancement Group, a national independent wealth management firm, has acquired Asset Management Resources, LLC, an independent RIA led by J. Christopher Boyd based in Hyannis, Massachusetts. The acquired team brings approximately $236 million in assets under management and will expand Wealth Enhancement Group's presence in Massachusetts to four offices.

Mathis Wealth Management Acquires RH Wealth Advisors

May 1, 2024

Wealth Management

Mathis Wealth Management, a Phoenix-based financial planning and wealth management firm, has acquired RH Wealth Advisors, a Ventura, California wealth management practice. The transaction expands Mathis's geographic footprint into California and aims to ensure continuity of service for RH Wealth Advisors' clients; financial terms and seller details were not disclosed.