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enACT Systems Acquires Energy Finance Strategies to Expand Software Platform Capabilities

SANTA CLARA, Calif., Feb. 3, 2015 /PRNewswire/ — As the demand for quality renewable energy sales and financing platforms continues to grow, enACT Systems has entered into a definitive agreement to acquire Energy Finance Strategies (EFS) for an undisclosed sum. The acquisition strengthens enACT’s end-to-end sales and financing software platform for solar and energy efficiency projects by integrating the renewable energy development and financing expertise of EFS. The acquisition is set to deliver installers and developers, access to new software platform capabilities through EFS’s proven expertise in the Property Assessed Clean Energy (PACE) marketplace. Current partners and clients of EFS will benefit from a streamlined delivery of current EFS services, while enabling access to a broader range of enACT’s high-value SaaS solutions.

“enACT’s powerful suite of software capabilities is transforming how distributed energy companies do business. Especially for solar, it helps lower transaction costs and provide users a simple way to scale their sales volumes, increasing revenues,” said Thomas King, Founder & Managing Partner of EFS. Ryan Hamilton, also Founder and Managing Partner at EFS added, “Teaming up with enACT, allows us all to provide more value for a larger client base, more quickly. We are pleased to combine our strengths to meet the growing demands of the renewable energy marketplace.” Read more.