Celerity Consulting Group LLC, a provider of information management consulting services for gas and electric utilities and a portfolio company of Hastings Equity Partners, has acquired Clear Path Utility Solutions.
Founded by Steve Tankersley and headquartered in Auburn, Calif., Clear Path offers consulting services to gas and electric utilities specifically related to vegetation management and grid hardening projects. Clear Path services include consulting and project management, major event and disaster management and work verification. The partnership between Clear Path and Celerity looks to deliver new service offerings and end-market expansion through the addition of vegetation management consulting.
“We are thrilled to join the Celerity family, this partnership will allow us to offer our services to new clients and to continue our geographic expansion,” says Tankersley.
Locke Lord provided legal counsel, KSM provided financial advisory services, Forvis provided tax services, and Equity Risk Solutions provided insurance services to Hastings on the acquisition.