ScaleCo Management LLC has invested in, and partnered with, Total Procurement Intelligence. This is ScaleCo’s 22nd platform investment and third investment from ScaleCo’s committed Fund IV.
Headquartered in Cleveland, Ohio, TPI Efficiency was founded in 2009 by Mr. Roger Zona. Zona has developed TPI Efficiency into a robust operating platform focused on providing expert energy procurement services and cost-reduction strategies for their clients’ energy spending (natural gas, electric, etc.) and LED lighting installations nationwide. TPI Efficiency has a significant Ohio presence, recently announcing multi-year partnerships with the Cleveland Browns and Columbus Crew.
The partnership with TPI Efficiency aligns with ScaleCo’s thesis of investing in technology-enabled and scalable business service companies drivable from Cleveland, Ohio. ScaleCo Founder and Managing Partner, Brendan Anderson commented, “We are thrilled to begin a partnership with TPI Efficiency. We look forward to working with Roger and his team to drive further expansion of the business. ScaleCo is excited to continue expanding the community by investing in business leaders and transformable companies with our committed capital fund.”
Cleveland native Roger Zona, Founder & CEO of TPI Efficiency, explains, “Having the opportunity to partner with a Cleveland based investment firm is the ideal scenario for me and my team. Brendan and ScaleCo are a perfect cultural fit with TPI and I am looking forward to huge successes day one.”
