Energy Exemplar, a top worldwide provider of energy market simulation software, has announced that it was bought by private equity funds linked to Blackstone and Vista Equity Partners (“Vista”).
“Finishing the deal with Blackstone and Vista is the start of an exciting partnership for Energy Exemplar. This partnership will speed up investment in their top SaaS platform, which offers accurate simulation and decision support for customers in today’s rapidly changing energy landscape,” said David Wilson, CEO of Energy Exemplar. “I’d like to thank everyone at Energy Exemplar for their unwavering commitment throughout this process and for maintaining exceptional service to our clients as we continue to grow as one global team.”
“Software is a vital part of the global energy transition, and Energy Exemplar provides crucial modeling and analytics solutions to customers across the industry. This helps them become more efficient, reliable, and profitable,” said Ryan Atlas, Managing Director at Vista Equity Partners. “We are excited to work with David, Blackstone, and the entire Energy Exemplar team during this exciting next phase of growth.”
Bilal Khan, Senior Managing Director at Blackstone Energy Transition Partners, said: “We’re very pleased to support Energy Exemplar, a crucial software provider that helps in the growth of renewable energy, battery storage, and transmission grid investment needed for the energy transition. Blackstone’s energy market expertise and connections can enhance the company’s growth. We are thrilled to work with Vista, David, and the management team to drive the next stage of development for Energy Exemplar and its technology solutions supporting grid reliability and decarbonization. This investment is the latest in a series showing Blackstone’s belief in the energy transition.”
