About Priority Power
Priority Power is a Business Services company based in United States founded in 2001 by John Norwood, and was acquired by I Squared Capital in July 2024. Energy monitoring and management are enabled via a cloud-based platform. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Priority Power has completed 5 acquisitions, including AB Power Advisors, Atlas Retail Energy and Ee Partners. Its chief executive, as recorded, is Brandon Schwertner. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Energy Management. Its legal entity is PRIORITY POWER MANAGEMENT, L.L.C. Its competitors include Particle, MRI Software and PowerSecure; 2 of its 3 listed competitors have raised funding.
Company details
Priority Power was established in 2001 in the United States within the energy sector. A cloud-based platform is operated to deliver data and insights for organizational decision-making on energy economics. Power monitoring and management solutions are provided to support precise control. Operations focus on utilities and facilities across the country, with emphasis on efficiency through real-time analytics.
- Headquarters United States
- Founders John Norwood
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website prioritypower.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by I Squared Capital (Jul 2024)
- Legal Name Priority Power Management, L.L.C.
- Latest Funding Round$250M (USD), Debt – Conventional
Nov 2022
- InvestorsI Squared Capital
& 1 more
- Investments & AcquisitionsAB Power Advisors
& 4 more
- Acquired byI Squared Capital
(Jul 2024)
Apps and channels of Priority Power
its YouTube channel Priority Power has 392 subscribers and 28 videos.
Videos from Priority Power
The most watched videos on Priority Power's YouTube channel, Priority Power (392 subscribers). Click a video to play it here.
More on Priority Power.
Funding Insights of Priority Power
- Total Rounds 2
- Last Round Debt – Conventional — $250M
- Investors Count 1
All 2 funding rounds of Priority Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $250M | Debt – Conventional | – | – | – |
| Feb 2019 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Priority Power
Priority Power has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include I Squared Capital and Ara Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed by Ara Partners across multiple industrial sectors. | 2017 | arapartners.com | Houston, United States | |
Investments are focused on infrastructure sectors like energy and transport. | 2012 | isquaredcapital.com | Miami, United States |
Investor details for Priority Power
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Priority Power
25 people are tracked at Priority Power (17 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
John Norwood | Founder | Leadership |
Brandon Schwertner | CEO | Leadership |
CJ Butler | Senior Director Business Development | Leadership |
Brandon Schwertner, CEO | Chief Executive Officer | Leadership |
Eric Kimmel | Senior Managing Director, Commercial Markets | Leadership |
Alessandro (Al) S. | Chief Accounting Officer (CAO) | Leadership |
Tyler Randolph | Managing Director, Commercial | Leadership |
Nick Gates | Managing Director, Integrated Projects | Leadership |
Kevin H. Yung, P.E., MBA, Chief Engineer and Dev. Officer | Chief Engineer & Development Officer | Leadership |
Nichole Gunter | VP Finance | Leadership |
Trent Stout | Chief Commercial Officer (cco) | Leadership |
Bob Forman | Senior Director Business Development | Leadership |
Brian Craig | Sr. Director, Business Development | Leadership |
Danny Smedley | Vice President | Leadership |
George Wonsley, P.E., MBA, NCSO | Director Of Distribution Engineering And Analytics | Leadership |
Alex Hanno, MBA | Director of Finance | Leadership |
Scott Price | Director Of Business Development | Leadership |
Chad Forman | Business Development Manager | Team |
David Conner | Commercial Sales | Team |
Kelsie M. | Energy Analyst | Team |
5 more people are available in the full profile.
Complete people profiles for Priority Power
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Priority Power
Priority Power has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AB Power Advisors, Atlas Retail Energy and Ee Partners.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Energy management, natural gas, and crude oil services are provided. | atlasretailenergy.com | Wakefield, United States | 2012 | Aug 2023 | •••• | |
Developer of solar and wind energy projects | abpoweradvisors.com | Austin, United States | 2018 | Oct 2022 | •••• | |
Provider of procurement services for energy sector | satorienergy.com | Chicago, United States | 2003 | Feb 2021 | •••• | |
Supplier of electricity and natural gas | tpctexas.net | Tyler, United States | 2009 | Nov 2020 | •••• | |
Electrical engineering and technical services are provided to clients. | ee-partners.com | Midland, United States | 2005 | Sep 2019 | •••• |
Complete acquisition details for Priority Power
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Priority Power
9 dated milestones of Priority Power across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Priority Power is founded.
- Funding First funding round.
- Acquisition Acquires Ee Partners.
- Acquisition Acquires Texas Power Consultants.
- Acquisition Acquires Satori Energy.
- Acquisition Acquires AB Power Advisors.
- Funding Latest funding round, Debt – Conventional, of $250.0M.
- Acquisition Acquires Atlas Retail Energy.
- Exit Acquired by I Squared Capital.
Competitors of Priority Power
Priority Power has 3 listed competitors in our database, 2 of them funded. They include Particle, MRI Software and PowerSecure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. | |
| powersecure.com | 1991 | Wake Forest, United States | 1,030 | Energy efficiency and smart grid management solutions |
Detailed competitors of Priority Power
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Priority Power
The website of Priority Power (prioritypower.com) receives about 5.1K visits a month.
- Monthly visits5.1K
▲ 76.2% vs previous month
Websites whose visitors overlap most with Priority Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| isquaredcapital.com | 100% | 26.1K | #1,144,803 | View details |
Top companies in Facility Management Platforms
3 companies that operate in the same segment as Priority Power (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Priority Power
Complete news archive for Priority Power
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- Older coverage
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Frequently Asked Questions about Priority Power
Priority Power was founded in 2001 and raised its 1st funding round 18 years after it was founded.
Priority Power is headquartered in United States.
Brandon Schwertner is the CEO of Priority Power, as recorded in our data.
Priority Power was established in 2001 in the United States within the energy sector. A cloud-based platform is operated to deliver data and insights for organizational decision-making on energy economics. Power monitoring and management solutions are provided to support precise control. Operations focus on utilities and facilities across the country, with emphasis on efficiency through real-time analytics.
Priority Power's top competitors include Particle, PowerSecure and MRI Software.
Priority Power has made 5 acquisitions, including AB Power Advisors, Atlas Retail Energy, and Ee Partners.
Priority Power has 2 investors. Key investors include I Squared Capital, and Ara Partners.
Priority Power operates through Priority Power Management, L.L.C..
Yes. Priority Power was acquired by I Squared Capital in July 2024.