Powersecure Overview

  • Year Founded
  • 1991

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,035

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 7

  • Investments
  • 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

Formerly Known As
Marcum Natural Gas Services, Metretek Technologies, Marcum Natural Gas Services Inc, Metretek Technologies Inc
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • 4068 Stirrup Creek Drive
  • Durham, NC 27703
  • United States
+1 (919)
Primary Industry
Energy Infrastructure
Parent Company
Vertical(s)
Former Stock Listing
POWR
Corporate Office
  • 4068 Stirrup Creek Drive
  • Durham, NC 27703
  • United States
+1 (919)

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Powersecure Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Powersecure Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of energy and smart microgrid services intending to help businesses, asset managers and utility operators contr
Energy Infrastructure
Durham, NC
1,035 As of 2015

Thornton, CO
 
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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
You’re viewing 1 of 1 competitors. Get the full list »

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
To view Powersecure’s complete patent history, request access »

Powersecure Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Powersecure Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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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)
You’re viewing 5 of 16 investments and acquisitions. Get the full list »

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
You’re viewing 5 of 6 exits. Get the full list »

Powersecure Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Solais Lighting Frisco, TX 2008

Powersecure FAQs

  • When was Powersecure founded?

    Powersecure was founded in 1991.

  • Where is Powersecure headquartered?

    Powersecure is headquartered in Durham, NC.

  • What is the size of Powersecure?

    Powersecure has 1,035 total employees.

  • What industry is Powersecure in?

    Powersecure’s primary industry is Energy Infrastructure.

  • Is Powersecure a private or public company?

    Powersecure is a Private company.

  • What is the current valuation of Powersecure?

    The current valuation of Powersecure is .

  • What is Powersecure’s current revenue?

    The current revenue for Powersecure is .

  • How much funding has Powersecure raised over time?

    Powersecure has raised $61.8M.

  • 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.

  • Who are Powersecure’s competitors?

    MYR Group is a competitor of Powersecure.

  • When was Powersecure acquired?

    Powersecure was acquired on 09-May-2016.

  • Who acquired Powersecure?

    Powersecure was acquired by Southern Company.

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