Nationwide Energy Partners Supercharges Financing Package
Livingstone’s Debt Advisory team is pleased to announce the successful capital raise for Nationwide Energy Partners (“NEP” or the “Company”) by Comvest Partners. The transaction closed in April 2024; terms were not disclosed.
Founded in 1999 and headquartered in Columbus, OH, Nationwide Energy Partners is a leading, value-added provider of energy services assisting multifamily communities in realizing the benefits of owning their private energy infrastructure. The Company provides system design, installation, and ongoing equipment maintenance of minigrid systems as well as value-added services, including billing, customer service, data analytics, and other consulting services.
Livingstone was engaged to conduct a market clearing process to refinance the Company’s existing indebtedness and provide growth capital in support of near-term project wins.
“The Comvest team differentiated themselves by being able to navigate a complex regulatory environment, while at the same time having the balance sheet to be able to grow with NEP. The new facility provides the Company with the ample liquidity to execute on its near-term growth strategy,” added Tom Lesch, Partner at Livingstone.
