Financial Advisor
Priority Power Management
M&A Advisory
Received A Significant Investment From
Transaction Details
- On February 11, 2019, Priority Power Management (“Priority Power” or the “Company”), an independent energy management services and consulting firm headquartered in Midland, Texas, announced a significant investment by Ara Partners Group (“Ara Partners”)
- The Company provides bespoke power solutions, including energy supply & risk management, demand response, and infrastructure solutions throughout the United States
- Priority Power manages approximately $1 billion in annual energy spend for over 1,300 clients
- Stephens Inc. served as exclusive financial advisor to Priority Power
About the company
Priority Power Management, LLC
Priority Power Management, LLC is a leading Texas-based independent energy management and consulting services firm to large commercial, industrial and government customers. Priority Power provides unbiased and objective energy management services in the areas of energy information, supply and risk management, demand-side management and energy infrastructure solutions. Since its establishment in 2001, Priority Power has grown to procure and manage approximately $1 billion of annual energy spend on behalf of clients from its offices in Midland/Odessa, Dallas/Fort Worth, Houston and Abilene. For more information about Priority Power, please visit www.prioritypower.net.
Ara Partners Group
Ara Partners is an industrial private equity firm that invests in companies with sustainable competitive advantages built upon greater resource efficiency. Ara Partners takes a thematic approach to investing within the industrial, chemical and materials, and energy sectors by seeking to build businesses that are sustainable, resource efficient, and compliant with ESG principles. For more information on Ara Partners, please visit www.arapartners.com.
Sources: Company-provided materials and websites.
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