"EASI is a leader and has a truly differentiated solution in what we believe is an attractive and growing market for industrial energy efficiency," said Joe Lipscomb, Partner of Arborview. "They have implemented solutions at numerous facilities for large corporate customers because they understand how these customers want to purchase energy efficiency solutions. These customers want an experienced partner who can provide a comprehensive solution, which doesn't require them to change how their facilities operate, with a guaranteed payback period that meets their corporate guidelines. We look forward to helping EASI to take its solutions to an even broader market."
"Energy efficiency is a key area of focus for Arborview as we continue to build a diversified portfolio of clean energy investments," said Karl Khoury, Partner of Arborview. "EASI fits squarely into our growth equity investment strategy. We seek to invest in established businesses that have strong leadership and superior organic growth potential. We look forward to working with Paul Bleiweis and his team to continue building upon EASI's track record of success."
About EASIEnergy Automation Systems, Inc., based in Hendersonville, TN, was established in 1982 and provides energy efficiency solutions comprising a range of energy conservation measures for large industrial and commercial facilities. Typical customers are large, multi-site manufacturing companies, who often engage EASI over a period of years to implement projects at multiple facilities. Additional information is available at www.energyautomation.com.
A bout Arborview Capital Arborview Capital is a private investment firm that makes growth equity investments in clean energy companies across the energy efficiency, resource efficiency and renewable energy sectors. The firm's principals have significant experience partnering with entrepreneurs to build industry leading companies. Additional information is available at www.arborviewcapital.com.SOURCE Energy Automation Systems, Inc.