#USA #Miami #Boyne Capital #Pilot Energy #New 2ND Capital

Boyne Capital and Its New Endeavor with Pilot Energy

Boyne Capital, a private equity firm based in Florida, has made headlines by closing a continuation fund for Pilot Energy, an innovative player in the energy advisory sector. This strategic move underscores their commitment to fostering Pilot's growth through enhanced capital resources.

Established with a clear focus on investing in lower middle market companies, Boyne Capital embarked on this partnership with Pilot Energy in 2020. In this latest transaction, which has been defined as a single-asset secondary, Boyne aims to further its relationship with Pilot while bolstering its operational capabilities. The new Fund, spearheaded by New 2ND Capital, signifies a robust influx of new capital, designed specifically to advance Pilot's acquisition strategies going forward.

Pilot Energy: A Pioneer in Energy Management

Pilot Energy has carved a niche for itself by offering technology-driven advisory services that have significantly reduced energy costs for its clients. The firm’s approach hinges on deep expertise in understanding various geographies and markets coupled with top-notch customer service and advanced reporting technology. This distinct blend of services has propelled Pilot into the spotlight, allowing them to scale operations effectively.

The initiation of the continuation fund comes at a pivotal time, as it arms Pilot with the necessary capital to pursue rapid mergers and acquisitions (M&A) opportunities. This strategic focus is indicative of Pilot's ambition to strengthen its platform and technology offerings, ensuring they meet their clients' ever-evolving energy needs. The leadership of Pilot remains resolute in their pursuit to generate value for their customers and partners, navigating the complexities of energy procurement in a challenging market landscape.

Words from Leadership

Zaheer Dhruv, CEO of Pilot Energy, expressed enthusiasm for the partnership with Boyne. “I am thrilled to continue leading and building this platform alongside Boyne, whose partnership has been instrumental in our success. Our continued access to institutional capital focused on making further investments in the business excites us as it empowers us to further grow the business and explore new opportunities,” he commented.

Likewise, Derek McDowell, Managing Partner at Boyne, echoed these sentiments, “We are excited to continue investing in, partnering with, and supporting the growth of Pilot. The management team has not only excelled but has set a new standard for excellence….” This validation from Boyne’s management reflects a robust confidence in Pilot's future.

Future Prospects and Strategic Growth

As Boyne Capital leads this newly formed fund, both firms look ahead to substantial advancements. The backing from New 2ND Capital further enhances the potential for Pilot to accelerate its growth strategy. “We are thrilled to support Pilot's next phase of growth alongside Boyne,” stated Clay Cole, Partner at New 2ND. This coalition of expert guidance and capital lays the groundwork for Pilot to enhance its innovative services, thus continuing to be competitive in the energy advisory sector.

According to industry analysis, Pilot Energy's proactive approach and its commitment to investing in its platform could redefine conventional standards in energy procurement. The leadership’s vision to foster relationships and continue seeking avenues for growth positions Pilot as a significant player in energy management.

Conclusion: A Growth-Oriented Future

In summary, Boyne Capital's formation of a continuation fund to further engage with Pilot Energy is poised to reshape the avenues for growth in the energy advisory space. Both organizations exhibit a clear commitment to innovating services that meet the needs of their clientele. With a focus on partnerships, technology enhancements, and responsive customer service, the future appears bright for Pilot as it embarks on a new chapter in its expansion journey.

For anyone interested in following the developments in this dynamic sector, updates can be found on Boyne Capital’s official webpage and Pilot Energy’s website.