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Vertexone Acquires Ec Infosystems, Fulfilling Energy Market Need For End-To-End Technology Solutions

PRIVATENov 02, 2021

Acquiring Company

VertexOne

Acquired Company

EC Infosystems

HoustonSoftwareSoftwareGovernment And Military

Description

VertexOne, a leading provider of enhanced SaaS solutions to the utility industry, announces the completion of their acquisition of EC Infosystems, the largest provider of Customer Information Systems (CIS), Billing, and Electronic Data Interchange (EDI) to retail energy companies in North America. This acquisition marks another step in VertexOne’s ongoing strategy of providing utilities of all types with a complete set of SaaS applications and enhanced services to facilitate critical meter-to-cash business processes. EC Infosystems will continue to offer its industry leading software platform and leverage VertexOne’s expertise and resources to further drive innovation within the deregulated energy sector.

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Company Information

Company

VertexOne

Location

Houston, Texas, United States

About

VTX Holdings, LLC is doing business as VertexOne. VertexOne is the leading provider of cloud-based SaaS software powering the next generation of customer experience for utilities, energy retailers, and energy transition providers. With over 30 years of experience and more than 450 customers in the cloud, we capitalize on our deep expertise to provide a wide range of innovative solutions for digital transformation, revenue optimization, and data-driven efficiency operations surrounding the customer. From Customer Information Systems (CIS) and Mobile Workforce Management (MWM) to Electronic Data Interchange (EDI) and Digital Customer Engagement and self-service portals, we empower our customers to deliver a compelling customer experience, reduce costs to serve, increase operational efficiency, and improve customer satisfaction.

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Frequently asked

Who acquired EC Infosystems?

EC Infosystems was acquired by VertexOne, based in Houston. The deal was reported on November 2, 2021. VTX Holdings, LLC is doing business as VertexOne. VertexOne is privately held and operates in Software.

When did VertexOne acquire EC Infosystems?

VertexOne's acquisition of EC Infosystems was reported on November 2, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does EC Infosystems do?

EC Infosystems is a market-leading Software as a Service provider (SaaS) of Electronic Data Interchange (EDI) and UtiliBill™ (Billing/Customer Information Solutions (CIS)), serving clients in the deregulated energy industry across the United States. It is privately held, operating in Software.

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