Utility Cloud Asset Profile

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Year established

2011

Location

Salem NH US

Primary Industry

Software

About

Based in New Hampshire, US, and founded in 2011, Advanced Enterprise Systems Corporation, d.b.a. Utility Cloud operates as a software company that provides operations management software for water utility compliance, wastewater, power, and natural gas industries to automate workflows, tracks asset health, streamline reporting, avoid errors from manual data collection. In September 2022, AMCS Group, a portfolio company of Clearlake Capital Group, Highland Europe, Insight Partners, and Ireland Strategic Investment Fund, acquired Advanced Enterprise Systems Corporation. The company provides open restful API (application program interface) that allows its clients to identify risks before they become system failures, stay compliant with permits, procedures, and regulations, plan capital upgrades, reduce health and safety risks, eliminate bad data and operator error, and use dynamic routing to prioritize and assign fieldwork to the assets that are important. In addition, the company’s operations management software offers a wide range of solutions, including non-revenue water, CMOM, hydrant maintenance, backflow prevention, sampling and compliance reports, digital plant SOP, FOG management, pipeline integrity, vegetation management, district regulator station inspections, and more.

Current Investors

Insight Partners, Ireland Strategic Investment Fund, Clearlake Capital Group

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Primary Industry

Software

Sub Industries

Application Integration Software, Analytics & Performance Software

Website

www.utilitycloud.us

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Utility Cloud	13 Sep 2022

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