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Footprint Capital Advises Pioneer Energy Management in Strategic Partnership with National Utility Group and The Billing Associates Group

Columbus, Ohio, August 15, 2025 – Pioneer Energy Management, Inc. (“PEM”), a leader in utility submetering and energy management services, has entered into a strategic partnerships with National Utility Group (“NUG”) and The Billing Associates Group (“BAG”), two Chicago-based utility service companies specializing in customized billing solutions, utility data analytics and customer support services. Footprint Capital, LLC (“Footprint”) acted as the exclusive financial advisor in the transaction.

Headquartered in Westerville, OH, Pioneer Energy Management is a full-service energy management and submetering company who provides tailored solutions from the initial installation of the electric and water infrastructure, to submetering, to billing and customer service.

This partnership marks another significant milestone in PEM’s continued growth trajectory and commitment to providing best-in-class energy solutions to property managers, developers, HOAs, and tenants across the country.

Together, the combined organizations will now support over 124,000 meters nationwide, delivering reliable submetering, billing and customer engagement solutions from coast to coast. This collaboration also enables PEM to integrate advanced technologies and customer service models into its platform, further enhancing the utility experience for clients and end users.

David Hatcher, President and CEO of PEM, commented "Forging this partnership allows us to deepen our footprint in the US while enhancing the scope and sophistication of our utility billing and data services. Both organizations bring incredible expertise and a shared commitment to innovation, transparency and sustainability in the utility management industry."

Sarah DeLong, COO of PEM, commented "National Utility Group and The Billing Associates Group align closely with our mission to promote utility conservation and empower communities through better energy management tools. We’re excited for this partnership and look forward to providing fully tailored submetering solutions to our customers.”

Read PEM’s full press release here.

ABOUT FOOTPRINT CAPITAL

Footprint Capital is a middle market investment bank with locations in Columbus, Ohio and Pittsburgh, Pennsylvania focused on advising owners and operators of privately held companies in the middle market. Footprint Capital’s services include sell-side and buy-side merger and acquisition advisory, private equity and family office deal origination services, ownership transition planning, debt advisory, and strategic management consulting. For more information, visit: www.footprintcapital.com. 

ABOUT PIONEER ENERGY MANAGEMENT

Pioneer Energy Management is a full-service utility submetering and energy management provider offering comprehensive solutions for electric, water and gas infrastructure installation, submetering, billing and customer support. PEM sets itself apart with its commitment to innovation, sustainability and service excellence. For more information, visit: www.pioneerem.com