EnerNOC, Inc. Named 2007 Top IPO in New England
December 11 , 2007
BOSTON, MA, December 11, 2007 – EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of clean and intelligent energy solutions, announced today that the Association for Corporate Growth Boston (ACG) and Mass High Tech have named EnerNOC the 2007 Top IPO in New England.
“We’re honored to receive this recognition from the Association for Corporate Growth Boston and Mass High Tech,” said Tim Healy, EnerNOC’s Chairman and CEO. “The EnerNOC team is passionate about delivering clean, intelligent energy solutions. Our goal is to change the way that the electric power industry addresses the increasing demand for electricity through more cost-effective, environmentally-sound technology solutions. The success of our IPO, our award-winning technology solutions, and our continued customer traction has positioned us as a leader in this exciting market.”
A panel of independent judges evaluated the most interesting life science and technology merger and acquisition transactions, initial public offerings and financial restructuring transactions from June 30, 2006 through June 30, 2007. To qualify for consideration, at least one of the companies involved in the transaction must be New England-based and the transaction must be at least $5 million in value. Other finalists in the Top IPO category were Molecular Insight Pharmaceuticals Inc., Netezza Inc., and TechTarget Inc.
“Our goal is to recognize companies that are contributing to the New England economy through innovation and growth. EnerNOC’s initial public offering in May 2007 earned the Company more than $99 million, positioning the Company as a leader in the exciting market of clean technology solutions,” said Gail Long, CEO of ACG.
“Massachusetts and New England have been, and continue to be, the hub of the nation’s innovation economy. And innovative approaches to the ways that deals are done, such as those practiced by our Top Dealmakers, are the drivers that keep our region a leader in the field of high technology,” said Mike Olivieri, publisher of Mass High Tech.
The 2007 Tech Dealmaker Awards are part of the ACG Boston 2007 Tech Conference that took place at the Sheraton Boston on December 5th.
About ACG Boston
ACG Boston (www.acgboston.org) is one of 53 local chapters around the world that form the international ACG organization, which focuses on corporate growth, corporate development, and mergers and acquisitions. ACG Boston is the single largest of the chapters with more than 1,000 members. Currently ACG Boston offers 40 programs, including three major annual conferences that draw nearly 5000 attendees in total. In addition, the group presents a series of smaller seminars, roundtables and regularly scheduled monthly meetings. ACG Boston offers both broadly-based networking events and targeted peer-to-peer forums for buyout professionals, technology executives, business women, and other groups.
About EnerNOC, Inc.
EnerNOC, Inc. is a leading developer and provider of clean and intelligent energy solutions to commercial, institutional, and industrial customers, as well as electric power grid operators and utilities. EnerNOC's technology-enabled demand response and energy management solutions help optimize the balance of electric supply and demand. The Company uses its Network Operations Center, or NOC, to remotely manage and reduce electricity consumption across a network of commercial, institutional, and industrial customer sites and make demand response capacity and energy available to grid operators and utilities on demand.
