Houston energy startup makes strategic acquisition, doubles community size
M&A
A Houston startup that's created a diversity, equity, and inclusion platform for the energy industry has announced an acquisition.
ALLY Energy announced it has acquired Clean Energy Social, a jobs and networking community for the clean energy industry. The deal expands ALLY's platform into the solar, wind, power, oil and gas, power and utilities, biofuels, hydrogen, geothermal, carbon capture, and other sectors that make up the energy transition.
"It's time to tackle the enormous challenge of the energy transition by connecting companies and candidates to resources so we can reduce the time and capital it takes to recruit and reskill," says Katie Mehnert, founder and CEO of ALLY Energy, in a news release. "We can speed up decarbonization by centralizing resources into one digital experience. This acquisition is a much-needed human capital investment to advance net-zero goals."
According to the release, ALLY is now the largest integrated energy site for driving inclusion through career resources, content, training, events, networking, and sharing across the entire energy space.
"We are very excited that our efforts will help support ALLY's continued exponential growth," says Jesse Truax of Clean Energy Social in the release. "ALLY's unique position as an energy integrator and source for diverse talent to advance decarbonization, combined with our careers platform and clean energy audience, amplifies the value that we can provide to our customers across the energy industry."
ALLY has recently moved into its new space in Greentown Houston. The startup also named Shanta Eaden, former director of the project management at Weatherford International with a 20-year career in the industry, as COO for the company.
"This acquisition doubles the size of our community and marks the opportunity to build human insights into our product to ensure candidates are well-matched with a company," Eaden says in the statement. "We're excited about the future of our roadmap and look forward to continued growth."
