Energy Exemplar, a prominent global provider of energy market simulation software, has today revealed its agreement to be acquired by private equity funds associated with Blackstone and Vista Equity Partners. With the support of Blackstone and Vista, Energy Exemplar secures additional resources to expedite its growth and enhance platform innovation, further bolstering grid reliability and facilitating the energy transition.
Energy market participants across the globe depend on Energy Exemplar’s platform to enhance decision-making for both new asset development and ongoing operations. Utilities, power producers, grid system operators, and other stakeholders in the energy transition ecosystem utilize the software to predict market operations, guide long-term investments, and optimize continuous operations across their assets and systems. Energy Exemplar’s solutions provide top-tier functionality, enabling users to model and comprehend the increasingly intricate energy transition landscape through a single, integrated platform. Since 2018, Energy Exemplar has achieved a remarkable 30% Compound Annual Growth Rate (CAGR) and presently serves more than 500 clients in 79 countries.
“Energy Exemplar is an established category leader with outsized growth potential in a rapidly evolving global energy market,” said Ryan Atlas, Managing Director at Vista Equity Partners. “Its platform provides a holistic view of the impact traditional and emerging energy systems have on the businesses of those leading the energy transition. Together with Blackstone, we look forward to partnering with David and the executive team, leveraging our experience in scaling transformative enterprise software companies to further accelerate innovation and customer value.”
Bilal Khan, Senior Managing Director at Blackstone Energy Transition Partners, added: “We’re thrilled to be backing Energy Exemplar, a mission-critical software provider supporting the growth of renewable energy, battery storage, and transmission grid investment required for the energy transition. Blackstone’s energy market expertise and network of connections can enhance the company’s growth trajectory. We couldn’t be more excited to work with Vista, David, and the management team to drive the next stage of development for Energy Exemplar and its technology solutions supporting grid reliability and decarbonization. This investment is the latest in a series demonstrating Blackstone’s conviction in the energy transition.”