Franklin Energy / AM Conservation Acquires Evolve Technologies

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

June 13, 2024

Utilities

AM Conservation, the products division of Franklin Energy, has agreed to purchase the assets of Energy Federation, Inc. (EFI) to combine product lines and marketplace capabilities and become a more comprehensive provider of products and marketplace solutions to the utility industry. Because EFI is a nonprofit, the closing is conditioned on final approval from the Massachusetts Attorney General and the Massachusetts Supreme Judicial Court.

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.

E Tech Group Acquires E-Volve Systems

March 2, 2023

Engineering Services

E Tech Group, a portfolio company of Falfurrias Capital Partners, has acquired E-Volve Systems, a provider of industrial automation, controls engineering and computer systems validation. The add-on expands E Tech Group's capabilities and presence in the life sciences, food & beverage, and consumer products markets; terms were not disclosed.

Evolution Well Services Acquires eFrac Gas Treating Division from Alliance OGP

January 27, 2022

Energy

Evolution Well Services has acquired the eFrac gas treating division of Alliance OGP. The purchase expands Evolution’s in-house field gas conditioning and mobile power capabilities, strengthening its integrated electric fracturing and field gas offering to reduce emissions and operating costs for E&P customers.

Xpansiv to Acquire Evolution Markets

August 4, 2022

Professional Services

Xpansiv announced an agreement to acquire Evolution Markets, a brokerage firm serving global carbon, renewable, and energy markets. The combined platform is expected to be completed before year-end, subject to regulatory approvals and customary closing conditions, with Evolution Markets to operate as a wholly owned subsidiary.

Galen Partners Acquires Evolve Treatment Centers

January 8, 2020

Healthcare Services

Galen Partners, a healthcare-focused growth equity firm, has acquired Evolve Treatment Centers, a Los Angeles-based provider of adolescent behavioral health services with 13 facilities across California. The partnership will support expansion of Evolve's evidence-based clinical programs and continuum of care (IOP, PHP, RTC) to address growing demand for adolescent mental health and substance-abuse treatment.