Capstone Partners (IMAP USA) advised GridBright—an energy grid modernization solutions company—on its sale to Qualus Corporation, a portfolio company of New Mountain Capital. Terms of the deal were not disclosed.

Headquartered near Silicon Valley, GridBright provides power utilities and renewable energy and storage developers with innovative solutions to improve resiliency, sustainability, and security. The firm’s technology solutions and related advisory services span all domains of utility operations and systems, integrate sustainability projects into the electric grid infrastructure, and enable a secure, compliant, and efficient exchange of sensitive grid data across the entire grid ecosystem. GridBright is an industry leader in the implementation of outage management, advanced distribution management, distributed energy resource management, and emergency management systems.

GridBright also works closely with the US Department of Energy, and in collaboration with over 50 organizations across the Energy, Power & Infrastructure industry, to address some of the most pressing challenges of the energy transition.

Qualus is a leading power consulting, engineering, and technical services firm that partners with utility, commercial, industrial, and government clients across the U.S. to provide end-to-end services and robust solutions to increasingly complex power infrastructure challenges. The firm plays a vital role in the modernization of the electric power infrastructure, decarbonization of the economy, and the broader energy transition