Energy Services Group Receives Growth Equity Investment from Accel-KKR

esgEnergy Services Group, LLC, a Norwell, MA-based provider of transaction management (EDI), billing and CIS, and wholesale energy services, received a growth equity investment from Accel-KKR.

The amount of the deal was not disclosed.

The company will use the funds to accelerate investments in its existing product portfolio, new product innovation, market expansion, and acquisitions.

Founded in 1998 by Lynn Cannon, President, ESG provides transaction management (EDI), billing and CIS, and wholesale energy services to retail energy suppliers and utilities operating in the U.S., Canada and Japan deregulated energy markets which support over 8 million residential, commercial and industrial customers in production.

FinSMEs

14/04/2016

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