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Aeris Partners Serves as the Exclusive Financial Advisor to W Energy

Aeris Press Release / February 2022

BOSTON, MA (February 15, 2022) – Aeris Partners is pleased to announce W Energy Software (“W Energy”), a leading provider of cloud-based accounting and ERP software for the energy and commodities market, has received a strategic investment from True Wind Capital and existing investor, M33 Growth.

Aeris Partners served as the exclusive financial advisor to W Energy.

W Energy is a leading provider of purpose-built ERP and commodity management SaaS solutions serving the energy and commodity management markets. W Energy has rapidly captured market share from legacy providers based on the Company’s modern, cloud-based enterprise platform that delivers faster processing speeds, superior functionality, and exceptional ROI for its blue-chip customer base.

“It was truly a pleasure working with W Energy. The Company’s strong growth is reflective of its market-leading SaaS technology platform, excellent reputation and its talented team, led by Mark Hill,” said Rahul Swani, Managing Director with Aeris Partners. “True Wind and M33 are exceptional investors and we’re excited about W Energy’s continued momentum in the energy and commodity management markets.”

“W Energy represents the kind of business that Aeris seeks to partner with. The Company has built the leading, integrated ERP platform to improve the efficiency, visibility, and profitability of its energy and commodity management customers,” said Garin Arevian, Managing Director with Aeris Partners. “W Energy’s customers will be well-served by the Company’s partnership with True Wind and M33 during this next phase of growth.”

About W Energy Software

W Energy Software is the energy industry’s only unified ERP solution built for the cloud that is relied on by upstream, midstream, transportation, and commodity management companies to accelerate business performance, improve operational efficiency, and reduce costs. W Energy Software combines precision-built software in one extendable cloud-based workspace with an intimate understanding of the energy business to deliver solutions that offer flexibility, affordability, and continuous upgrades.

About M33 Growth

M33 Growth is a venture and growth-stage investment firm that partners with founders and CEOs who have successfully bootstrapped their companies to strong growth and are positioned to rapidly scale their companies and breakthrough as market leaders. With deep experience fueling sales and marketing engines, driving acquisitions, and building value through data assets, M33 Growth seeks to propel portfolio companies to succeed in their markets. Founded by veterans of renowned investment firms with considerable operational experience, the Boston-based firm seeks to invest in companies in the software, healthcare, and services sectors throughout North America.

About True Wind Capital

True Wind Capital is a San Francisco-based private equity firm focused on investing in leading technology companies. True Wind has a broad investing mandate, with deep industry expertise across software, data analytics, tech-enabled services, internet, financial technology, and hardware. Founded in 2015, True Wind has completed 10 platform investments and 20 add-on acquisitions.

About Aeris Partners

Aeris Partners provides premium strategic M&A advisory services to best-in-class software and Software-as-a-Service (SaaS) companies, private equity investors and venture capital firms spanning a range of high-growth vertical markets including healthcare (HCIT), financial technology (FinTech), architecture, engineering and construction (AEC), energy & power (EnergyTech), education (EdTech), analytics, transportation and logistics, and the public sector, among others. Aeris leverages extensive technology domain expertise and an unparalleled commitment to delivering superior M&A outcomes on every transaction. The firm’s senior leadership team has successfully completed more than $30 billion of M&A advisory assignments to date. For more information, please visit: aerispartners.com.

Aeris Partners LLC is a registered broker-dealer and member of FINRA and SIPC