AM Conservation (Franklin Energy) Acquires Assets of Energy Federation, Inc. (EFI)

EFI USA and EC Applications Announce Strategic Merger to Expand Environmental Construction and Containment Capabilities

June 9, 2026

Environmental Services

EFI USA and EC Applications announced a strategic merger effective June 8, 2026, combining their environmental construction and geosynthetic membrane installation capabilities. The merged organization will offer turnkey environmental containment and infrastructure delivery across landfill, mining, tunneling, biogas capture, wastewater facilities, and erosion control for environmental, agricultural, industrial, and federal clients.

ICF Acquires Applied Energy Group from Ameresco

January 7, 2025

Energy

ICF has acquired Applied Energy Group (AEG) from Ameresco in a divestiture that expands ICF's utility and state & local government energy technology and advisory capabilities. AEG brings a cloud-based demand-side management platform, over 100 utility and DSM experts, and projected ~$30 million in 2024 revenue; Ameresco said the sale allows it to focus on core projects, asset and O&M businesses.

Franklin Energy Acquires AESC and EVA Green Power

December 19, 2024

Renewable Energy

Franklin Energy, a portfolio company of Abry Partners, acquired AESC (Alternative Energy Systems Consulting) and EVA Green Power to expand its clean energy engineering, consulting, and distributed energy capabilities. The add-on acquisitions broaden Franklin Energy’s capacity across energy efficiency, demand-side management, solar, storage, EV charging and EPC services, and bolster its integrated offerings for utilities, governments, and commercial & industrial clients.

Franklin Energy / AM Conservation Acquires Evolve Technologies

September 27, 2023

Energy

AM Conservation, a subsidiary of Franklin Energy, has acquired Evolve Technologies, a Scottsdale-based developer and manufacturer of patented water- and energy-saving shower technologies. The acquisition expands Franklin Energy and AM Conservation’s product portfolio and capability to scale water- and energy-conservation solutions through utility channels and other clients.

Mansfield Power & Gas Acquires eServices Energy Management

February 3, 2021

Energy

Mansfield Power & Gas, LLC (a subsidiary of Mansfield Energy Corp) acquired eServices Energy Management, LLC, a Glen Allen, Virginia-based natural gas marketing, asset optimization and logistics services provider. The deal expands Mansfield’s natural gas supply and producer services capabilities in the Mid-Atlantic and Appalachia (Marcellus/Utica), enabling growth of its end-user customer base and enhanced marketing/logistics solutions for producers and utilities.

Abry Partners Acquires Majority Stake in Franklin Energy Group from Kohlberg & Company

August 1, 2019

Energy

Abry Partners, a Boston-based private equity firm, will purchase majority ownership of Franklin Energy Group from Kohlberg & Company and other stockholders. Franklin Energy, headquartered in Port Washington, Wisconsin, is a vertically integrated provider of demand-side management, energy efficiency program implementation, product fulfillment and customer engagement software for utilities; Abry said it will support the company's continued growth and capability expansion.