Electsolve Acquired by IP Keys
October 2018 – England & Company served as the financial advisor to ElectSolve Technologies & Services, Inc. (“ElectSolve”), a public power sector leader in Meter Data Management (MDM), in its acquisition by IP Keys Power Partners.
The merger enhances both organizations’ ability to deliver on the needs of utilities and grid operators by providing a unique technology and programmatic integration of Demand Response (DR), Meter Data and Event Management, Cyber Security, and Network Engineering.
“With utilities facing an increasing level of risk associated with the cyber threat, the decision to combine our companies was the right choice for our current and future clients and partners,” said Mark Ponder, CEO ElectSolve. “Our combined companies will deliver the most secure utility data management, analytics, and demand response platform available to the public power utility market today. Delivering software and hardware solutions that meet or exceed military-grade security standards is not only practical for the utility industry but essential to this market to ensure the reliable and secure delivery of services to customers.”