CCelerity specializes in risk optimization for public utilities, turning complex data into clear, actionable intelligence. It helps electric and gas utilities mitigate risk, optimize assets, and improve project outcomes through a three-step process: prepare, prevent, and protect. First, it refines crude data into clean intelligence; then it uses that insight to address operational engineering challenges and improve information management. The company primarily offers consulting services in utility vegetation management, risk assessment, and asset optimization, generating revenue from consulting fees and long-term service contracts with utilities. Compared with competitors, Celerity focuses specifically on the utilities sector with an end-to-end data-to-insight approach and ongoing advisory relationships rather than one-off projects. Its goal is to enable utilities to operate safer and more efficiently while extending asset life and reducing environmental and operational risk.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
San Francisco, California
Founded
2001
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Hastings Equity Partners (“Hastings”), a preferred capital partner to founders of lower middle market businesses, is pleased to announce their Fund IV portfolio company, Celerity Consulting Group, LLC (“Celerity”), has acquired Clear Path Utility Solutions (“Clear Path”).
Hastings Equity Partners. . Clear Path’s focus on helping utilities with their vegetation management challenges is a perfect fit for our Celerity platform, and helps expand Celerity’s suite of services. We look forward to helping with the continued growth of Clear Path
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
San Francisco, California
Founded
2001
Find jobs on Simplify and start your career today