V-Bar has entered an agreement to merge with Chinook Wind, a consulting firm specialising in wind energy applications.
The merged company plans to launch a brand roll-out in Q2, 2017.
V-Bar is a meteorological and wind resource support provider and both companies involved in the transaction are based in the US.
Energy Services Group (ESG) has announced acquisition of Utiligroup from NorthEdge Capital, a private equity firm.
Based in the US, ESG offers technology solutions to the retail energy and utility industries, while Utiligroup is a UK-based company offering software as a service (SAAS) solutions to the utilities and energy industry.
Utiligroup has been providing SaaS solutions since 1997.
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By GlobalDataResults International Group is the financial advisor for the transaction, while ESG engaged Brodies and Kirkland & Ellis to provide legal advisory services.
ESG aims to strengthen its global customer footprint and accelerate its product innovation roadmap through the acquisition.