Quayle Munro is pleased to announce that it has advised 3TIER Inc (“3TIER”), the leading provider of independent renewable energy assessment and forecasting services, on its sale to Vaisala Corporation (“Vaisala”), a global environmental and industrial measurement business, listed on the Helsinki Stock Exchange.
3TIER specialises in translating weather and climate data into actionable insight that supports investment and operational decisions across the wind, solar and hydro renewable energy spectrum, globally. Its services support all key stages of renewable energy project workflows, from site evaluation, through to maintenance and energy trading strategies.
3TIER was founded in 1999 and is headquartered in Seattle, USA, with additional offices in India, UK and Panama.
Tim Shortland, Managing Director, Quayle Munro said: “Quayle Munro is delighted to have worked with 3TIER on this transaction. The company has built a leading position in the renewable energy services market and we are certain that the partnership with Vaisala will accelerate 3TIER’s growth in the future.”
Craig Husa, CEO, 3TIER, said: “The Quayle Munro team were great to work with and achieved an excellent result for 3TIER. Quayle Munro’s management of the sale process was vital to ensuring the success of the transaction. 3TIER is excited to be entering this new stage of growth with Vaisala.”
Notes to Editors:
Quayle Munro (www.quaylemunro.com) is an independent corporate finance adviser which was established in 1983. Quayle Munro has advised on over 100 corporate finance transactions in the past six years. The Quayle Munro media and technology team has unrivalled expertise in advising companies providing subscription-based information, data, analytics and consultancy services. It has recently advised on the sales of: AVEDAS AG to Thomson Reuters; Dow Jones’ German E & C Trade Publications to MBM Martin Brückner Medien; Espresso Group to Discovery Communications; Doyle Trading Consultants to Informa; Ziff Energy to Solomon Associates; PFC Energy to IHS; Waterborne Energy Inc. to IHS; 7City to Fitch Ratings; Energy Publishing to IHS; Exclusive Analysis to IHS; Mekentosj BV to Springer Science+Business Media, Wood Mackenzie to Hellman & Friedman; Sagient Research Systems to Informa; Doctors.net.uk to M3; Steel Business Briefing to McGraw-Hill; ODS-Petrodata to IHS; BENTEK Energy to McGraw Hill; Access Intelligence’s Chemical and Energy Portfolio to IHS; Arete Consulting to Euromoney; Canada Law Book to Thomson Reuters; Complinet to Thomson Reuters; Point Carbon to Thomson Reuters; and New Energy Finance to Bloomberg.
For further information: Tim Shortland, Quayle Munro Limited: +44 20 7907 4200