Adapt2 Solutions, Inc.
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Adapt2 Solutions, Inc. - overview
Established
2008
Location
Houston, TX, US
Primary Industry
Semiconductors
About
Established in 2008 by Francisco Diaz and based in Texas, US, Adapt2 Solutions, Inc. operates as a provider of software solutions that offer enterprise-level software, customer service, and power trading. In May 2024, Energy Exemplar Proprietary Limited, a portfolio company of Blackstone Group and Vista Equity Partners, acquired Adapt2 Solutions, Inc. The company offers a suite of products designed to streamline and optimize power trading, power scheduling, and renewable energy portfolio management.
The firm's primary product, Adapt2 B2B (bid-to-bill), serves as a platform for power market operations. It integrates front-office and back-office functions across all Independent System Operators (ISOs). Adapt2 T2T (trade-to-tag) is another key solution offered by Adapt2 Solutions, which is a next-generation power scheduling tool that supports streamlined risk management and scheduling for energy market participants. In addition, Adapt2 Solutions offers Adapt2 Green offers an integrated solution for managing green portfolios that supports the administration of power purchase agreements (PPAs), renewable energy credits (RECs), distributed energy resources (DERs), and energy battery storage.
The firm’s products are used across various energy markets, including the New York ISO (NYISO), ISO New England (ISONE), PJM Interconnection, and others. The May 2024 acquisition allows the organization to broaden its market reach and align with Plexos and Aurora.
Current Investors
Energy Exemplar Proprietary Limited
Primary Industry
Semiconductors
Sub Industries
Analytics & Performance Software, Application Integration Software
Website
https://www.adapt2solutions.com/
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Adapt2 Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Adapt2 Solutions, Inc. | - |
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