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CLEAResult acquires Connected Energy for growth
PRIVATEAug 25, 2026•about 6 hours ago
Acquiring Company
CLEAResult
Acquired Company
Connected Energy
AustinEnergySustainabilityRenewable EnergyEnergyOil And GasRenewable EnergyEnergy ManagementEnergy Storage
Description
CLEAResult has acquired Connected Energy to enhance its utility demand management portfolio. This acquisition allows CLEAResult to integrate innovative DERMS solutions into its offerings. The move aims to strengthen its relationships with utility clients and expand its service capabilities.
Company Information
Company
CLEAResult
Location
Austin, Texas, United States
About
CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet. Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities and residential customers to reduce their energy use and carbon footprint. CLEAResult is headquartered in Austin, Texas, and has over 2,400 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by TPG through its middle market and growth equity investment platform TPG Growth and its multi-sector global impact investing strategy The Rise Fund.
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70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired Connected Energy?
Connected Energy was acquired by CLEAResult, based in Austin. The deal was reported on August 25, 2026. CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. CLEAResult is privately held and operates in Energy.
When did CLEAResult acquire Connected Energy?
CLEAResult's acquisition of Connected Energy was reported on August 25, 2026. CLEAResult has acquired Connected Energy to enhance its utility demand management portfolio. This acquisition allows CLEAResult to integrate innovative DERMS solutions into its offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Connected Energy do?
Connected Energy is a technology company that provides demand management and distributed energy resource management (DERMS) solutions to electric utilities across the U.S. It is privately held, operating in Energy.
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AustinEnergySustainabilityRenewable EnergyEnergyOil And GasRenewable EnergyEnergy ManagementEnergy Storage