Franklin Energy Acquires Snugg Home (Snugg Pro)

February 5, 2024

Franklin Energy has acquired Snugg Home, the maker of Snugg Pro, a residential energy auditing SaaS used by utilities, contractors, and program implementers. The acquisition integrates Snugg Pro into Franklin Energy's NGAGE technology platform to strengthen support for state energy offices and utility programs (including IRA-funded HOMES and HEAR rebate programs).

Targets
Snugg Home
Industry
Energy
Location
Colorado, United States
Transaction Type
Buyout

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