TPI Efficiency (ScaleCo) Acquires The Utilities Group
May 6, 2025
TPI Efficiency, a Cleveland-based energy brokerage and sustainability consulting firm and portfolio company of ScaleCo Capital, has acquired The Utilities Group (TUG), a Cincinnati-based energy management and sustainability consultant. The add-on, supported by ScaleCo and growth capital from Tecum Capital, expands TPI's geographic footprint in Ohio and enhances its procurement and sustainability service offerings to commercial and industrial clients.
- Buyers
- TPI Efficiency, ScaleCo Capital, Tecum Capital
- Targets
- The Utilities Group
- Platforms
- TPI Efficiency
- Industry
- Energy
- Location
- Ohio, United States
- Transaction Type
- Addon
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