Global Energy Decisions, LLC (Global Energy) announced it has acquired ENERmap — a energy industry mapping and geographic data firm. ENERmap produces detailed print, electronic, and interactive maps for the electric, coal, and transportation industries. Terms of the deal were not disclosed.
“The ENERmap acquisition brings important synergies to our organization,” said Jennifer Greene, Global Energy Executive Vice President. “Almost immediately, the other Global Energy companies can use ENERmap’s technology, data, and expertise to bring a new level of visual analysis to their clients.”
“When we formed Global Energy last October, our plan was to bring together the industry’s best and brightest,” Greene explained. “We have created an environment where all of our portfolio companies can build on each others’ strengths to create more powerful products. This acquisition will have immediate, positive impacts on our three other portfolio companies. ENERmap is already creating maps that incorporate valuable information from Henwood Energy, AcuPower and Energy Velocity.”
Jason McMahan, who will remain as ENERmap’s President, said they will continue to offer their line of energy maps, while looking to expand their product line. “Being part of the Global Energy family gives us access to more data and more areas of expertise. We are excited to be taking advantage of these partnerships to develop new products and enhance our existing maps,” said McMahan.
ENERmap’s headquarters will remain in Boulder, CO.
Global Energy is an integrated data, software, and analytics company that brings together innovative businesses and people to provide a new standard in energy information. Global Energy delivers solutions that help energy industry professionals solve tough problems, reduce the complexity of managing their enterprises, and stay competitive. Global Energy brands include:
Henwood Energy: A provider of market, risk, and operations management software
Energy Velocity: Innovative energy database products and solutions
AcuPower: Solutions that enable energy traders to forecast short- to mid-term demand and to match that demand with cost information.