Xtensible Solutions Becomes Part of ESCO’s Utility Solutions Group
September 2010 – England & Company served as the financial advisor to Xtensible Solutions, LLC (“Xtensible”), a thought leader in Enterprise Information Management Strategy, and is a leading provider of semantic-based information management and integration solutions to the utility industry worldwide, in its acquisition by ESCO Technologies Inc. (NYSE: ESE) (“ESCO”).
Xtensible will be part of ESCO’s Utility Solutions Group and will be closely aligned with Aclara Software in providing best-in-class software services and products. Xtensible is expected to leverage Aclara’s operational infrastructure as it continues its rapid growth, thereby positioning the Company to expand its service offerings efficiently.
Greg Robinson, President of Xtensible, added, “Becoming a part of ESCO certainly creates an exciting growth opportunity for Xtensible, as we see many opportunities for the companies to work together in serving our common customer base. Additionally, I’m pleased to see that ESCO shares our core values, including a strong focus on customers and employees.”