Rockwood Equity Partners, a private investment firm, has announced a strategic investment in Energy Renewal Partners (ERP), an Austin, Texas-based energy consulting service provider. This marks Rockwood’s third environmental platform investment within its current fund, highlighting their commitment to the growing renewable energy sector. Energy Renewal Partners specializes in providing comprehensive consulting services for energy development and decommissioning projects across the United States.
Founded in 2009 and led by industry veteran Trisha Elizondo, ERP offers a wide array of crucial services for energy developers and operators. These include habitat assessments, wetland delineations, constraints and permitting analyses, due diligence, landowner support, community engagement, and prospecting and mapping, primarily for wind, solar, and battery projects. Rockwood Equity Partners’ investment aims to leverage their Rockwood Growth System to scale ERP’s operations and expand its service offerings within the burgeoning renewable energy market.
Joe Merrill, Managing Partner at Rockwood Equity Partners, expressed enthusiasm about the partnership, stating, “We are thrilled to partner with Trisha and ERP and eager to operationalize our Rockwood Growth System to help scale the business. Rockwood aligns with Trisha’s collaborative approach and growth mindset, and we’re looking forward to working closely with the ERP team to continue to grow the business via service expansion.” This investment underscores Rockwood Equity Partners’ strategic focus on collaborating with company leaders to foster sustainable growth and generate long-term value.
Nils Holum, Principal at Rockwood Equity Partners, further emphasized the strategic positioning of ERP in the current energy landscape. “ERP is strategically positioned in the energy market, benefiting from strong long-term tailwinds and playing a crucial role in energy sustainability. The company is at a significant inflection point, with numerous opportunities to scale meaningfully.” This highlights the increasing demand for specialized energy consulting services as the nation transitions towards more sustainable energy solutions, making Energy Renewal Partners a key player in this evolution.
Trisha Elizondo, who will continue to serve as Chief Executive Officer of ERP and remain a significant shareholder, also shared her positive outlook on the collaboration. “I’m excited to partner with Rockwood to grow our talent, expand services and enter new markets. They’re the perfect partner for this growth stage, and our team looks forward to collaborating.” Her continued leadership ensures the stability and vision of ERP while benefiting from Rockwood Equity Partners’ operational expertise and resources.
This investment in Energy Renewal Partners exemplifies Rockwood Equity Partners’ thematic investment strategy focusing on regulated industries within the lower middle market. The firm actively seeks opportunities in sectors providing mission-critical products and services, including environmental, aerospace, defense, and healthcare. Rockwood Equity Partners brings over 25 years of experience in nurturing and growing businesses in the lower middle market, making them a valuable partner for companies like Energy Renewal Partners looking to expand their reach and impact.
About Energy Renewal Partners
Energy Renewal Partners delivers a comprehensive suite of engineering and consulting services tailored to the energy sector. With a client-centric approach, ERP is committed to ensuring project success through a deep understanding of client needs and consistent delivery of results and value. For more information, please visit www.energyrenewalpartners.com.
About Rockwood Equity Partners
Rockwood Equity Partners is a private investment firm dedicated to partnering with leaders of lower middle market companies to drive growth and create lasting value. With a focus on collaboration and operational expertise, Rockwood invests in North American B2B businesses with $2-$7 million EBITDA, particularly within regulated sectors requiring mission-critical solutions. To learn more about Rockwood Equity Partners and their investment philosophy, visit www.rockwoodequity.com.
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