Thursday, January 5, 2012
LPB Energy Management Acquired By Ecova
Dallas-based LPB Energy Management, a provider of energy and expense management services, has been acquired by fellow energy and sustainability management firm Ecova. Financial terms of the buy were not announced. The two said that LPB had revenues of $18.4M for 2010, and $15.0M for nine month ended September 30, 2011. Ecova said the buy will increase its scale, capacity, and reporting options. LPB's Dallas office will become Ecova's South Central regional office.