PowerGEM Acquires Cambridge Energy Solutions

PowerGEM Secures Growth Investment from General Atlantic and Acquires Telos Energy

May 14, 2026

IT Services

PowerGEM, a U.S. power-grid simulation software and technical services provider, secured a strategic growth investment from General Atlantic’s BeyondNetZero fund. The company also completed the acquisition of Telos Energy, a consulting firm specializing in complex power system analysis, integrated resource planning, and market forecasting. Financial terms were not disclosed.

FlexGen Power Systems Acquires Clean Energy Services (CES)

April 2, 2026

Energy

FlexGen Power Systems acquired Clean Energy Services (CES) to expand end-to-end commissioning, lifecycle services, and authorized service provider capabilities for utility-scale battery storage and solar/hybrid projects. The acquisition (completed in April 2026) integrates CES’s field teams and remote operations with FlexGen’s HybridOS software platform to accelerate deployment and improve long-term system reliability.

PowerGEM Acquires Marquette Energy Analytics

June 10, 2025

Energy

PowerGEM, a provider of power grid and energy market simulation software, has acquired Marquette Energy Analytics (MEA), a Milwaukee-based leader in natural gas and electric demand forecasting software and services for utilities. The acquisition expands PowerGEM's product portfolio by adding MEA's cloud-based MCast forecasting suite and consulting capabilities to enhance demand reliability and operational planning for utilities.

PowerGEM Acquires Astrapé Consulting

April 30, 2024

Energy

PowerGEM, LLC has acquired Astrapé Consulting to combine complementary software and consulting capabilities for power grid reliability, market modeling and resource adequacy. The combined company — led by new CEO Joe DeMatteo with Astrapé founders remaining in executive roles — will offer expanded software (TARA, PROBE, SERVM) and technical services to North American system operators, utilities and developers.

CES Power Acquires Global Power Systems

January 3, 2023

Industrial Services

CES Power, a portfolio company backed by Allied Industrial Partners, acquired Global Power Systems, a provider of mobile power generation and temperature control services operating in Louisiana, Georgia and North Carolina. The add-on expands CES Power's presence in the Southeast and strengthens its position in the studio power and HVAC space for the film and television industry.

CES Power Acquires Brickworks

September 13, 2022

Software

CES Power, a mobile power and temperature-control services provider backed by Allied Industrial Partners, has acquired Brickworks, a San Diego-based provider of smart mapping software, GIS services and zero-emissions infrastructure for live events. The add-on acquisition expands CES Power's tech-enabled services, enabling real-time telematics and emissions-tracking capabilities for event operations.