ScaleCo Management LLC Acquires TPI Efficiency
October 31, 2022
ScaleCo Management LLC is pleased to announce its investment in, and partnership with, Total Procurement Intelligence (“TPI Efficiency”). This is ScaleCo’s 22nd platform investment and third investment from ScaleCo’s committed Fund IV.
Headquartered in Cleveland, Ohio, TPI Efficiency was founded in 2009 by Mr. Roger Zona. Zona has developed TPI Efficiency into a robust operating platform focused on providing expert energy procurement services and cost-reduction strategies for their clients’ energy spending (natural gas, electric, etc.) and LED lighting installations nationwide. TPI Efficiency has a significant Ohio presence, recently announcing multi-year partnerships with the Cleveland Browns and Columbus Crew.
The partnership with TPI Efficiency aligns with ScaleCo’s thesis of investing in technology-enabled and scalable business service companies drivable from Cleveland, Ohio. ScaleCo Founder and Managing Partner, Brendan Anderson commented, “We are thrilled to begin a partnership with TPI Efficiency. We look forward to working with Roger and his team to drive further expansion of the business. ScaleCo is excited to continue expanding the community by investing in business leaders and transformable companies with our committed capital fund.”
Cleveland native Roger Zona, Founder & CEO of TPI Efficiency, explains, “Having the opportunity to partner with a Cleveland based investment firm is the ideal scenario for me and my team. Brendan and ScaleCo are a perfect cultural fit with TPI and I am looking forward to huge successes day one.”
For more information, visit Crain’s Cleveland Business to learn more.
About TPI Efficiency
TPI Efficiency is an Ohio leader in energy brokerage and utility consulting. Headquartered in Cleveland, they are a licensed energy broker, serving businesses in every deregulated natural gas and electricity market. Founded in 2009, TPI recently celebrated 13 years in business, servicing over 3,800 commercial, industrial, educational, government, and nonprofit organizations across the country.
For more information, visit TPIEfficiency.com
ScaleCo has a committed capital fund (“Fund IV”) dedicated to acquiring a controlling interest in transformable private companies within driving distance of Cleveland, Ohio. ScaleCo uses a scalable search model; a blended model that combines traditional Private Equity deal sourcing with elements of a Search Fund. TPI Efficiency is ScaleCo Fund IV’s third investment, alongside PSP Metrics (Pittsburgh, PA) and Innoplast Holdings (Cleveland, OH).