BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has made a majority investment in Resource Innovations, a provider of demand-side management, energy efficiency, and energy consulting services.

Concurrent with BV’s investment, Resource Innovations is combining with energy software and consulting firm Nexant, Inc, to provide energy and software solutions for utilities and commercial, industrial, and residential energy consumers.

The combination of Resource Innovations and Nexant leverages the complementary capabilities and cultures of each company to drive even greater impact and results for clients. Additionally, the newly merged companies will increase their product portfolio offerings, creating a more robust platform to accelerate innovation and deliver results through residential, commercial, industrial, and software solutions.

Read more at Private Equity Wire

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