June 14, 2024
Translink Corporate Finance in the United States advised Pilot Energy (Pilot), a leading provider of Energy Procurement Advisory services, on its acquisition of Worthington Energy Consultants (Worthington), a highly respected energy consulting group headquartered in Columbus, Ohio. Together, Pilot and Worthington serve customers across deregulated markets, with significant expertise in California Independent System Operator (CAISO) and Pennsylvania, New Jersey and Maryland (PJM).
“We are thrilled to welcome Worthington to the Pilot family. We look forward to integrating Worthington’s wealth of expertise into our platform to deliver even stronger solutions for our customers and stakeholders,” said Pilot’s CEO, Zaheer Dhruv.
The acquisition of Worthington marks a significant milestone in the continued growth and evolution of Pilot. Leveraging and integrating Worthington’s established presence in key markets will extend its reach and provide clients with increased options and flexibility in their energy procurement strategies.
Pilot and Worthington each boast decades of industry experience and expertise, so clients can expect continuity and reliability in receiving best-in-class energy solutions that exceed expectations—solidifying both companies’ reputations in the industry.
Worthington’s Principal, Craig Grant, who will continue to lead day-to-day operations, emphasised the alignment, “Pilot’s reputation for excellence and dedication to client-centric solutions closely aligns with our principles”.
Pilot remains committed to driving positive change and delivering value to clients, partners, and stakeholders as it expands its presence and capabilities.
Pilot is backed by Boyne Capital Partners, a Florida-based private equity firm focused on investments in lower-middle market companies. Founded in 2006, Boyne has successfully invested in a broad range of industries, including healthcare services, consumer products, manufacturing, business & financial services, and industrial, infrastructure & engineering services.
Contact our Team Members advising in this transaction:
Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 35 years of advisory and merchant banking experience dedicated to middle-market transactions.