Broker-Manager Acquires Building Automation/Monitoring Provider

Albireo Energy, LLC yesterday announced the acquisition of New Jersey-based Energy Options, Inc., in partnership with management.

Energy Options is a provider of building automation systems and monitoring services in New Jersey and the New York metropolitan area.

Albireo Energy provides holistic energy services and smart building solutions to commercial and institutional customers throughout the U.S., including energy procurement services, turnkey energy efficiency solutions, building automation and mechanical services, and demand response solutions.

Energy Options will continue to deliver building automation services and solutions to commercial and institutional buildings while leveraging Albireo Energy resources to expand its services portfolio. As part of the Albireo Energy holding company, Energy Options will introduce additional energy efficiency solutions and provide energy procurement and demand response services.

Energy Options will operate as a division of Albireo Energy and remain headquartered in New Jersey.

Albireo Energy is led by CEO Phil Bomrad and is a portfolio company of Detroit-based Huron Capital Partners LLC.

"We look forward to partnering with Energy Option's management team to leverage their success and expand nationally by integrating synergistic acquisitions and introducing valuable new solutions to the market," said Bomrad