Coil Partners is pleased to announce the acquisition of our client, ENERLIANCE, INC., by YARDI SYSTEMS. Acting as the Company's exclusive strategic and financial advisor, Coil was responsible for structuring, negotiating and closing the transaction.
Founded in 2005 and headquartered in Irvine, CA, ENERLIANCE is the developer of LOBOS, an intelligent HVAC optimization software solution that is revolutionizing the way comfort systems in large commercial facilities consume energy and participate in automated demand response. As the only fully integrated software solution on the market, the Company's solution improves tenant comfort as it optimizes both the air handling system and chiller plant to deliver energy efficiency (EE), automated demand response (Auto-DR) and fault detection & diagnostics (FDD).
Enerliance has earned numerous industry accolades, including being named to CIO Magazine's prestigious list of the 20 most promising utilities solutions providers for 2013.
Advising both the Company's owners and senior management, Coil successfully negotiated a transaction that benefited from a parallel marketing process that included both institutional investors and strategic buyers. The completion of this transaction represents a significant milestone for the Company and its senior management team as they partner with Yardi Systems to scale the LOBOS platform. For more information, visit
www.enerliance.com.