Priority Power Management Acquires Energy Management/Advisory Business of THG Energy & Technology Solutions

Priority Power Management, LLC a Texas-based energy management and consulting services firm, has acquired the energy management and advisory services business unit of THG Energy & Technology Solutions, LLC.

The THG energy management and advisory services business unit, with offices in Fort Worth, Texas, provides professional energy management and advisory services to commercial and industrial end use customers. These services include energy supply procurement and management, risk management, utility bill auditing and processing, and energy data management.

As a part of the transaction, all THG energy management and advisory services business unit employees will become employees of PPM. Mike Brasovan, President of THG's energy management and advisory services business unit, will join PPM as Executive Vice President.

Additionally, PPM will continue to utilize THG's TUX system, a proprietary web-enabled utility management and data processing system, to provide utility bill auditing, analysis, and reporting services.

"This acquisition furthers our goal of continued measured growth, while maintaining the highest quality of energy management services to our clients in a professional and ethical manner," said John Bick, Managing Principal of PPM.