Dude Solutions, a SaaS provider of cloud-based operations management services and backed by Clearlake Capital Group LP, has acquired Energy Profiles Limited, a software provider enabling ESG optimization.
EPL delivers its customers data-driven energy and sustainability data management and ESG reporting and analytics to owners and managers of over 6,000 buildings. The firm offers its cloud-based software platforms, Stream Utility Tracker and Building Intelligence, to drive performance, efficiency and sustainable operations.
The deal will expand Dude Solutions’ enterprise asset management capabilities. Following the deal, the firm will provide EAM, strategic asset management and energy management services from one single platform.
“As the demand for energy and sustainability management solutions increases around the globe, we see an opportunity to combine our knowledge and systems with Dude Solutions and bring our expertise to a broader marketplace,” added Neal Bach, co-founder and CEO of EPL. “Our experience in applying a data-driven approach to driving ESG improvements enhances the combined platform’s capabilities to collectively address sustainability and environmental impacts.”
District Capital Partners acted as the buyside advisor to Dude Solutions, and Software Equity Group served as the exclusive advisor to EPL.