Blackstone and Vista Equity to acquire Energy Exemplar

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Australia’s Energy Exemplar, a leading global provider of energy market simulation software, has agreed to be acquired by private equity funds affiliated with Blackstone and Vista Equity Partners.

With the backing of Blackstone and Vista, Energy Exemplar gains new resources to help accelerate growth and drive platform innovation in support of grid reliability and the energy transition.

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“We are tremendously excited about this partnership and how it will accelerate our investment in our leading SaaS platform providing accurate simulation and decision support for our customers in today’s rapidly changing energy landscape,” Energy Exemplar CEO David Wilson said.

“The combination of Blackstone and Vista bring a unique level of expertise in both the energy and software industries which will continue to propel Energy Exemplar as the go-to solution for the energy transition for all our clients around the world who are leading this charge.”

Energy market participants rely on Energy Exemplar’s platform to optimise decision-making across both new asset development and existing operations. Utilities, power producers, grid system operators, and others in the energy transition ecosystem use the software to forecast market operations, drive long-term investments, and optimise ongoing operations across their assets and systems.

The company has grown at 30% CAGR since 2018 and currently serves over 500 customers in 79 countries.

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“Energy Exemplar is an established category leader with outsized growth potential in a rapidly evolving global energy market,” Vista managing director Ryan Atlas said.

“Its platform provides a holistic view of the impact traditional and emerging energy systems have on the businesses of those leading the energy transition. Together with Blackstone, we look forward to partnering with David and the executive team, leveraging our experience in scaling transformative enterprise software companies to further accelerate innovation and customer value.”

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