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Albireo Energy Appoints Rick LeBlanc to Board of Directors
Albireo Energy Adds Industry Executive to Board; Will Contribute To Strategic Direction of National Energy Services Company
Chicago, IL, August 20, 2014 – Albireo Energy, LLC (“Albireo Energy”) today announced the appointment of Rick LeBlanc as a Board Director of Albireo Energy. In his role, Rick will work with Albireo Energy CEO Phil Bomrad and the executive team to source acquisitions, provide integration insight, and assist in strategic planning. Albireo Energy is a building automation and energy service company that delivers solutions to large commercial and institutional buildings and is aggressively expanding its operations through strategic acquisitions nationally.
“We are delighted to have Rick involved with Albireo Energy”, said Phil Bomrad, Albireo Energy CEO. “His experience and reputation in building automation and energy services will be a great asset as we continue our strategic growth and integrate new divisions into Albireo Energy”.
“I am excited to be part of this board and help plan their strategic direction,” said LeBlanc. “Albireo Energy is well capitalized and has a solid plan to lead consolidation in the fragmented space of building automation and energy services. It is exciting to work with such an energetic and passionate group”.
Jim Mahoney, Partner at Huron Capital Partners remarked, “Rick adds immediate value to our board and Albireo Energy. We have been very impressed with his insight and energy and look forward to working with him.”
About Albireo Energy
Albireo Energy provides building automation solutions and energy services to commercial and institutional buildings through its wholly owned operating divisions. Their solutions and services help building owners and managers improve efficiency and reduce operational costs while improving comfort for tenants. Through its operating divisions, Albireo Energy has a history of providing exceptional solutions to mission critical facilities such as data centers, labs, military installations, and hospitals. Their service portfolio includes energy efficiency, demand response, energy procurement services, and smart building solutions including building automation installations and optimization, systems integration, metering, and lighting.
About Rick LeBlanc
Rick brings over 40 years of industry experience in building controls and renewable energy with a successful track record at both large global corporations and venture capital start-ups. For many years, Rick was at Siemens Building Technologies where he served as Division President with responsibility for the Building Automation and HVAC Products Divisions. While at Siemens, Rick led industry innovations in DDC technology and wireless controls. He oversaw the operations of the company’s branch offices and managed the independent dealer network. He has been a President or CEO of seven companies and has served on several Boards and industry trade associations. Rick is Chairman Emeritus of CU Cleantech at the University of Colorado – Boulder.
About Huron Capital Partners LLC
Huron Capital is an operationally-focused private equity investor that seeks to grow lower middlemarket companies through customized buy-and-build strategies. Huron pursues opportunities where it can help companies reach their full potential by combining its operational approach, capital base, and transaction experience with proven operating executives. Founded in 1999, Huron has raised over $1.1 billion in capital through four committed private equity funds and its portfolio companies have employed over 7,500 people throughout North America.
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