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Pamlico Capital Invests in CEATI International | tidings

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Pamlico Capital (Pamlico) announced that it has completed a growing investment in CEATI International (CEATI), a provider of research, peer networking and benchmarking solutions for the electricity services market.

CEATI is a member-led organization whose specialized stakeholders address critical aspects of the mission of generating, transmitting, and distributing electricity tailored to government services and agencies. With the support of Pamlico, CEATI is investing in significant updates to its product, service and operations that will increase the impact that members receive from CEATI membership while maintaining CEATI’s commitment to providing practical and impactful solutions.

We were extremely excited to partner with Pamlico as we begin our next phase of growth, focused on finding ways to provide added value to our members, said Alex Johnston, CEO of CEATI. We hope to use Pamlico’s extensive experience investing in membership-based business models to support our growth map as we serve our 150+ member organizations.

CEATI has proven its ability to provide a strong ROI to its members who rely on the CEATI network for practical ways to address common industry problems. We hope to be a part of the continued success of the enterprise, said Scott R. Stevens, Pamlico’s partner. Pamlico CEO Jay Henry added, CEATI is an excellent business that matches well with Pamlicos information services investment efforts. The support of Alex and the rest of the CEATI team were enthusiastic and they thought that Alexs’s previous experience at CEB and Gartner positioned him well to lead CEATI through this next chapter of growth.

CEATI International was advised by GWBR LLP (legal advisor). Pamlico was advised by Alston & Bird LLP (legal advisor).

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