Energy Procurement, Management Consultant Acquires Energy Management And Sustainability Platform

Integrated Energy Services, which offers energy procurement among a suite of services, announced that it has acquired MACH Energy, an energy management and sustainability software platform.

Terms of the transaction were not disclosed.

Integrated Energy Services is a portfolio company of Gainline Capital Partners

"iES and MACH provide a comprehensive set of solutions to increase building efficiency and net operating income ('NOI') while improving the resiliency and reliability of the power grid," Integrated Energy Services said

Brock Nigg, iES's Founder and CEO, stated, "iES's mission to decarbonize the grid in partnership with our building owner and facility and property management clients requires both scale and engagement. MACH's team, platform and blue-chip customer base are highly complementary to this mission and we are thrilled to come together. Our combined passion to help our building clients increase NOI and participate in decarbonization and other sustainability initiatives will drive tremendous value for customers."

Integrated Energy Services' platform provides grid relationship management and demand response services to commercial electricity customers, allowing customers to monitor real time energy data, generate savings, improve building efficiency, and achieve environmental and sustainability goals.

Other services include ICAP Tag Advisement and energy purchasing.

As only reported by EnergyChoiceMatters.com, Integrated Energy Services earlier this year hired a retail market veteran as VP of Supply, and also recently received broker licenses in several states

MACH Energy's platform provides analytics, enterprise reporting and utility customer engagement tools, addressing property management, engineering, sustainability, and asset management