BV Investment Partners Announces Majority Investment In Reso

BV Investment Partners Announces Majority Investment In Resource Innovations and Add-on of Nexant


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BOSTON, May 12, 2021 /PRNewswire/ -- BV Investment Partners ("BV"), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today that it has made a majority investment in Resource Innovations, provider of demand-side management, energy efficiency, and energy consulting services.  Concurrent with BV's investment, Resource Innovations is combining with energy software and consulting firm Nexant, Inc., creating a powerful yet nimble organization for driving best-in-class energy and software solutions for utilities and commercial, industrial, and residential energy consumers.
Headquartered in the San Francisco Bay Area, CA, Resource Innovations' services to utilities in the U.S. include portfolio administration, program implementation, public sector outreach, planning & design services across the residential, commercial and industrial, and market transformation end markets. The experienced Resource Innovations management team is led by Chief Executive Officer Lauren Casentini who will serve as CEO of the new company.  Nexant's consulting solutions cover the entire spectrum of an energy efficiency program management.  Founded in 2000 and based in San Francisco, Nexant provides turnkey design, administration, and consulting services for energy efficiency, demand-side management, and customer engagement programs for utilities and Independent System Operators throughout the U.S.

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