Oaktree-owned Power Factors buys software provider Ekhosoft
Ekhosoft Inc, a Canadian provider of intelligent operational management software solutions, has been acquired by Power Factors LLC, a U.S. software company focused on renewable energy assets. No financial terms were released. The industrials division of Brossard, Québec-based Ekhosoft, founded in 2000 by CEO Patrick Ramsey, will continue to operate under its existing name, while the renewables division will be merged with Power Factors. Larkspur, California's Power Factors was acquired earlier this year by U.S. private equity firm Oaktree Capital Management.
22 November 2016•3 mins read
