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PE-backed Energy Management Company Acquires Broker
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Environ Energy has acquired the assets of Rapid Power Management, LLC including RPM's existing broker agreements.
Environ said that the acquisition marks its expansion into the ERCOT territory
"The acquisition brings JD Dodson -- veteran energy advisor and founder of RPM -- along with his full team of energy management professionals, into the Environ family. Their expertise will strengthen Environ’s growing portfolio and extend its services beyond its current base of more than 4,000 clients" Environ said
"We’ve been looking for the right partner to expand our product line and reinforce our presence in Texas," said Christopher Sternberg, CEO of Environ. "With JD and his team, we’ve found proven entrepreneurs who deeply understand their market."
"Dodson and the RPM team will continue serving their commercial and industrial clients across Texas, now supported by Environ’s national infrastructure and robust resources in finance, marketing, sales, and client support," Environ said
This acquisition marks Environ’s eighth in five years, "as the company continues its accelerated growth strategy backed by private equity partner 424 Capital," Environ said
As previously reported, Environ Energy also recently acquired ownership of energy management consultant and retail energy broker Statistical Energy, LLC
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May 15, 2025
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Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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