Accurant buys Alaska-born maintenance software firm 60Hertz Energy
What's the deal? Accurant InternationalDealroom has a profile for this one. Try Dealroom → has acquired 60Hertz EnergyDealroom has a profile for this one. Try Dealroom →, a provider of computerised maintenance management system (CMMS) software for renewable generation and utility infrastructure. Terms were undisclosed. The deal follows Accurant's earlier investment in the company.
What does 60Hertz do? Founded in 2017 in Anchorage, Alaska, by Piper Foster Wilder and cofounder Tonya James, 60Hertz began as microgrid maintenance software for remote communities in Alaska and emerging markets. It now supports maintenance across wind, solar, battery storage, backup generation, virtual power plants, and utility substations.
Its mobile-first, offline-capable platform guides technicians through preventive, predictive, and corrective maintenance in low-connectivity environments. An API integrating with generation and substation hardware vendors gives operators a unified network operations centre from a laptop or phone.
What changes? 60Hertz will keep operating under its own brand, serving existing utility, developer, service company, and renewable operator customers. It will also extend its offerings to Accurant's utility and grid operations customers.
What's the endgame? Accurant wants 60Hertz to serve as a modern CMMS and asset management platform across generation, substation, and grid operations. The company said the deal will fund further platform development and expansion into new markets.
Why it matters: "As generation becomes more distributed and the grid continues to evolve, asset owners and utilities need better tools to manage the growing complexity of their infrastructure," said Bahman Hoveida, chief executive officer of Accurant International.
Founder Piper Foster Wilder said the company was built "around the needs of asset owners and operators working in some of the most challenging environments in the energy industry."
The signal: The acquisition reflects the push to consolidate software for a grid that is fragmenting into distributed generation, storage, and virtual power plants. As fleets grow more complex, operators increasingly want single platforms that span assets and geographies.
Read more: einpresswire.com
Image credit: Tony Webster
