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PE Firm Provides Capital For "Rapid" M&A For Energy Manager & Procurement Consultant, Via Single-Asset Continuation Fund
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Boyne Capital ("Boyne"), a private equity firm focused on investments in lower middle market companies, announced that it has closed a single-asset secondary transaction to extend its partnership with Pilot Energy ("Pilot" or the "Company"), which is described as a US-based technology-enabled energy advisory and management platform.
Among other services, Pilot provides retail energy procurement consulting, including assistance with direct access in California, where affiliate Pilot Power Group is registered as an electric service provider
The transaction formed a continuation fund (the "Fund") and includes new capital to support Pilot's acquisition strategy and organic growth initiatives.
The Fund, which will be managed and controlled by Boyne, was anchored by New 2nd Capital as its lead investor and received additional commitments from both new and existing Boyne LPs.
Boyne said that, "This transaction arms Pilot with additional capital to pursue rapid M&A and continue investing behind its platform and customer facing technology suite."
"With a successful track record of acquisitions, Pilot is poised to continue its aggressive expansion strategy," Boyne stated
Zaheer Dhruv, CEO of Pilot, stated, "I am thrilled to continue leading and building this platform alongside Boyne, whose partnership has been instrumental in our success. Our continued access to institutional capital focused on making further investments in the business excites us as it empowers us to further grow the business and explore new opportunities."
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January 28, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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