In a major move California local company 360s2g Inc acquires UTIL360 LLC and moves to Orgeon

Public works acquisitions are on the rise.

San Diego, Calif. ( March 17, 2023 – Harlem Capital Corporation, an internally managed business development firm focused on providing flexible financing solutions to support the acquisition and growth of middle market companies, today announced first priority financing of 360S2G Inc’s acquisition of UTIL360 announced that it has supported joint investment in stocks. Harlem Capital is acting as managing agent for the credit facility.

360S2G acquired UTIL360. UTIL360 is his SaaS customer engagement and analytics provider for city and county water utilities. UTIL360 currently serves approximately 150 water utility customers in his 33 states in North America. The acquisition of UTIL360 expands the 360S2G’s product offering and enables the 360S2G to better serve small utility customers in his sub-50,000 meter operations.

360S2G provides software and managed services to electric, water and gas utilities in the US and Canada. 360S2G’s Customer Information System (“CIS”) provides a single point solution for managing account information, consumption and billing data and tracking all customer interactions. 360S2G’s offerings also include ERP, BILLING, CRM, Customer Engagement, Meter Data Management, and Workforce Management modules specifically designed for utilities.

About Harlem Capital

Harlem Capital Corporation is an internally managed business development company based in Dallas, Texas with net assets of approximately $278 million as of June 30, 2020. $5 million to $25 million investment across the capital structure. This includes first lien, non-trench, second lien, subordinated debt and non-controlling equity co-investments. As a publicly traded company with a permanent capital base, Harlem Capital creates flexible financing solutions and invests to support the growth of portfolio companies over the long term.

About 360S2G

360S2G, a provider of SaaS solutions to the utility industry, recently announced the completion of its acquisition of UTIL360 software. So are the markets for both electricity and gas.

The acquisition of UTIL360 supports 360S2G’s ongoing strategy of offering a complete set of SaaS applications and enhanced services to utility customers to facilitate critical asset-to-cash business processes. With this acquisition, 360S2G now serves approximately 200 water, electric and gas utilities and his 17 million end customers, providing 100% SaaS-based software solutions to the North American and Canadian utilities industry. is the largest provider.

“We are delighted to welcome UTIL360 and its customers to the 360S2G family. William Bradley, current acting CEO, said. “This acquisition reinforces his 360S2G commitment to serving utility customers by combining the latest in innovative technology with world-class customer service.” William Bradley Coming Soon, 2023 The position will be transferred to Dr. She’ma Zabid, who will succeed him in April 2019.

“We are very excited to join 360S2G, a well-capitalized and highly respected player in the utilities industry. It was founded during the California drought on the premise that both water consumers and utilities could conserve water usage.” , the UTIL360 cloud-based platform is redefining how utilities and their customers work together to optimize the use of our precious water resources.”

The acquisition of UTIL360 is another sign of 360S2G’s growth momentum. The addition of UTIL360 will give the combined customer base access to 360S2G’s wide range of solutions spanning the full asset-to-cash spectrum, including Customer Information Systems, Customer Engagement, Meter Data Management, Work and Asset Management, and Electronic Invoicing. will be Presentation and payment. Additionally, UTIL360 customers will now be able to seamlessly integrate with the 360S2G core solution.

Headquartered in San Francisco, California, UTIL360’s business is based on customer engagement and data analytics for water utilities. It was recently rated as the best performer among all competitors by an independent third party evaluation of the market.

UTIL360’s legal counsel on this transaction was DLA Kottmeyer, and Meowed acted as legal counsel to 360S2G.

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Tag : utility , energy , GIS , mobile app , smart system , asset management , Meter data management , technology , AI , chatbot

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