NEW YORK--(BUSINESS WIRE)--Leading global professional services firm Alvarez & Marsal (A&M) has established a strategic partnership and made an equity investment in Artis Energy Intelligence (AEI), the developer of patented, real-time energy analytics software platform, RTIS®. The partnership will help clients identify and better understand their energy cost drivers, reduce costs through performance improvement solutions, and provide financing options for energy efficiency equipment investments.
Additionally, A&M is leveraging RTIS® and AEI’s team of energy experts to create the A&M Energy Analytics practice. This new practice will focus on identifying and implementing comprehensive energy management strategies for industrial and manufacturing, commercial real estate, public sector, healthcare, retail and education clients.
By combining the power of AEI’s energy analytics software with A&M’s operational expertise, clients will gain valuable insights into their energy consumption and requirements, enabling them to reduce costs, achieve operational improvements, analyze and prioritize investment opportunities, and address sustainability needs.
Bryan Marsal, Co-Founder and Co-CEO of A&M said, “The creation of the A&M Energy Analytics practice and our investment in and partnership with Artis Energy Intelligence is a natural extension of our core business and commitment to solving complex business challenges with fact-based strategies. In the world of energy analytics, real-time data provides the ultimate fact base. Our partnership with Artis Energy Intelligence will provide the important insights needed to help clients across multiple industries address their energy concerns.”
Gordon Travers, CEO of Artis Energy Intelligence, said, “This investment and partnership with A&M is a major vote of confidence in our RTIS® analytics technology, business, and strategy. With A&M’s heritage for devising innovative solutions to difficult problems, and the diversity of its practices and clients, we could not ask for a better partner.”
Kris Talgo, a Senior Director with A&M and Co-Founder of the A&M Energy Analytics practice, said, “For most of our clients, energy is a top five operating expense. By joining forces with Artis Energy Intelligence, we are amplifying our ability to create change and maximize value for clients seeking energy performance improvement and enhanced sustainability.”
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make change and achieve results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services.
With over 3000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, help organizations transform operations, catapult growth and accelerate results through decisive action. Comprised of experienced operators, world-class consultants, former regulators and industry authorities, A&M leverages its restructuring heritage to turn change into a strategic business asset, manage risk and unlock value at every stage of growth.
About Artis Energy Intelligence
Artis Energy Intelligence utilizes its patented energy analytics platform, RTIS®, to deliver the real-time visibility and insights needed to secure meaningful energy savings, satisfy sustainability goals, identify operational improvements, and evaluate energy investment opportunities. With our software, managed services, and consulting capabilities, we integrate smart algorithms with the energy expertise to deliver powerful and flexible solutions that enable our clients to optimize their assets from an energy perspective and achieve their sustainability goals. Visit us at www.artisenergy.com, and follow us on LinkedIn, Twitter, and Facebook.