Powersecure Overview
- Year Founded
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1991
- Status
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Acquired/Merged
- Employees
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1,035
- Latest Deal Type
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M&A
- Financing Rounds
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7
- Investments
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16
Powersecure General Information
Description
Provider of energy and smart microgrid services intending to help businesses, asset managers and utility operators control their costs and minimize their environmental impact. The company offers electrical systems, building controls, light emitting diode, lighting fixtures, power systems, lamps and other related products.
Contact Information
Website
www.powersecure.com(Operating Subsidiary)
Corporate Office
- 4068 Stirrup Creek Drive
- Durham, NC 27703
- United States
Corporate Office
- 4068 Stirrup Creek Drive
- Durham, NC 27703
- United States
Powersecure Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Powersecure Comparisons
Industry
Financing
Details
Powersecure Competitors (1)
One of Powersecure’s competitors is MYR Group, a Formerly PE-Backed company based in Thornton, CO.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MYR Group | Formerly PE-Backed | Thornton, CO |
Powersecure Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Powersecure Patents
Powersecure Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12253873-B2 | Systems and methods for controlling an energy supply system | Active | 28-Mar-2019 | ||
| US-20200310479-A1 | Systems and methods for controlling an energy supply system | Active | 28-Mar-2019 | ||
| US-11916375-B2 | Fault current limiter for energy storage systems | Active | 19-Nov-2018 | ||
| US-20200161853-A1 | Fault current limiter for energy storage systems | Active | 19-Nov-2018 | ||
| US-11916378-B2 | Power source communication with downstream device by changing output voltage on a power bus | Active | 30-Aug-2018 | H02J13/0001 |
Powersecure Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Powersecure Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Powersecure Investments & Acquisitions (16)
Powersecure’s most recent deal was a Merger/Acquisition with Power Pro-Tech Services. The deal was made on 07-Apr-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Power Pro-Tech Services | 07-Apr-2017 | Merger/Acquisition | Other Commercial Services | ||
| ESCO Energy Services Company | 01-Dec-2015 | Merger/Acquisition | Other Energy Services | ||
| Power Design (Data Center Business) | 14-Oct-2014 | Merger/Acquisition | Other Commercial Services | ||
| Apex Controls (electrical contracting business) | 02-Sep-2014 | Merger/Acquisition | Construction and Engineering | ||
| Encari | 09-Oct-2013 | Merger/Acquisition | Consulting Services (B2B) |
Powersecure Exits (6)
Powersecure’s most recent exit was on 23-May-2013 from Innovative Electronic Solutions Lighting. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Innovative Electronic Solutions Lighting | 23-May-2013 | Completed |
|
||
| Innovative Electronic Solutions Lighting | 04-Apr-2010 | Completed |
|
||
| Marcum Midstream 1995-2 Business Trust | 01-Jan-2006 | Completed |
|
||
| Industrial Automation (Machinery (B2B)) | 10-Apr-2001 | Completed |
|
||
| Metretek | 18-Mar-1994 | Merger/Acquisition | Completed |
Powersecure Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Solais Lighting | Frisco, TX | 2008 |
Powersecure FAQs
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When was Powersecure founded?
Powersecure was founded in 1991.
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Where is Powersecure headquartered?
Powersecure is headquartered in Durham, NC.
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What is the size of Powersecure?
Powersecure has 1,035 total employees.
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What industry is Powersecure in?
Powersecure’s primary industry is Energy Infrastructure.
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Is Powersecure a private or public company?
Powersecure is a Private company.
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What is the current valuation of Powersecure?
The current valuation of Powersecure is .
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What is Powersecure’s current revenue?
The current revenue for Powersecure is .
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How much funding has Powersecure raised over time?
Powersecure has raised $61.8M.
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Who are Powersecure’s investors?
Connecticut Innovations, Enable Growth Partners, FreshTracks Capital, Gruber & McBaine Capital Management, and Hudson Bay Capital Management are 5 of 9 investors who have invested in Powersecure.
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Who are Powersecure’s competitors?
MYR Group is a competitor of Powersecure.
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When was Powersecure acquired?
Powersecure was acquired on 09-May-2016.
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Who acquired Powersecure?
Powersecure was acquired by Southern Company.
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