Logo of BRIDGE Energy Group





Location:   Newton, MA

Website:   http://www.bridgeenergygroup.com

Partners:  

CEO:   Hugo van Nispen




About

BRIDGE Energy Group’s Situation:
BRIDGE Energy Group is the leading consulting and systems integration company focused on improving utility operational performance. BRIDGE combines business, OT and IT domain expertise to deliver and optimize innovative grid operations solutions. BRIDGE’s capabilities and expert services enable engagement at any stage in the lifecycle, from strategy & regulatory to implementation & optimization.

Updata’s Solution:
In late 2011, Updata invested in BRIDGE, providing the Company’s first institutional capital. Updata’s capital provided a small amount of liquidity to the Company’s two founders and a senior executive, as well as significant growth capital to enable BRIDGE to continue to broaden its solutions and services and expand its sales team. Updata worked with BRIDGE’s founders to recruit a CEO with deep industry experience, and also helped to realign the company’s executive team and restructure key functions. Updata also assisted in developing BRIDGE’s market positioning and making introductions to key industry participants for partnerships and alliances.

Result:
BRIDGE has reinforced its foothold as the leading provider of next generation OT consulting services solutions for the utility industry and is positioned to continue rapidly growing its business.

CEO Perspective:
“BRIDGE is lucky to have a great partner like Updata, providing insight, experience, and support as we continue growing the business within the dynamic energy market.”

– Hugo van Nispen, CEO

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