Energy Acquisitions in Wisconsin

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.

Platinum Equity has closed the transaction to acquire a majority interest in Kohler Energy from Kohler Co., establishing Kohler Energy as an independent, standalone business. Kohler Co. remains an investment partner, Brian Melka will serve as CEO and David Kohler will sit on the board; financial terms were not disclosed. Platinum Equity said it will invest in growth and operational initiatives to accelerate Kohler Energy's position in the global energy resilience market.

EMCOR Group, Inc. has agreed to acquire ECM Holding Group, Inc., a national energy-efficiency specialty services firm headquartered in Oshkosh, Wisconsin, in an all-cash transaction. The acquisition expands EMCOR's energy efficiency and sustainability services capabilities, adding ECM's HVAC, lighting, water, weatherization and airflow management offerings (ECM had estimated 2023 revenues of $60 million).

Auburn, California-based Flyers Energy, LLC has acquired Quick Fuel — the automated, cardlock fuel-sites business previously owned by Jacobus Energy, Inc. The deal transfers 49 fuel sites across 15 states to Flyers (which will continue to operate the sites under the Quick Fuel brand); DCA Partners served as Flyers' buy-side financial advisor.

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.