Private equity-backed Verisae buys Hara Software

By IVCPOST Staff Reporter

Oct 09, 2013 12:08 PM EDT

Verisae announced its purchase of Hara Software. No financial terms were disclosed. However, Verisae Chief Executive Officer Jerry Dolinsky said the acquisition was highly strategic. He also said it would increase the reach of their integrated sustainability platform.

Hara's cloud-based software enables clients to acquire energy and resource data and use it easily. Dolinsky said in a press release, "Hara customers will benefit by gaining access to Verisae's comprehensive software solutions - from asset management, energy demand management and lease management to remote monitoring - in one integrated sustainability platform, in addition to our great product development team and our industry best practices, which we've built over our 13-year history."

Verisae provides cloud-based Software-as-a-Service (SaaS) solutions that enables companies to make fact-based decisions. It is a portfolio company of Marlin Equity Partners. A global investment company, Marlin Equity has more than USD 2.6 billion of capital under management.

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