August 21, 2024
Cleveland—TPI Efficiency, a leading energy broker and efficiency consulting company and part of the ScaleCo Fund IV, is pleased to announce Joe Kennedy’s appointment as its new Chief Financial Officer. In this role, Mr. Kennedy will drive sales growth, develop and execute sales strategies, and expand the company’s customer base.
“I am incredibly excited to join a strong team at TPI. Karl, Vin, and the leadership group have done a tremendous job operating the business, and I look forward to continuing the momentum,” said Mr. Kennedy. “I am confident that my extensive experience in corporate development, financial analysis, and operational management will drive significant results for TPI.”
Mr. Kennedy is a graduate of John Carroll University. He will be based at the company’s Cleveland office.
“We are excited to have Joe on board to help further our company performance, optimize and accelerate our finance initiatives, and be a key senior leadership team member,” said Karl Shaw, TPI Efficiency’s President and COO.
Mr. Kennedy will work closely with TPI Efficiency and ScaleCo Capital leadership to drive growth and develop and implement financial strategies aligned with the company’s growth goals.
About TPI Efficiency
TPI Efficiency is an Ohio leader in energy brokerage and utility consulting. Headquartered in Cleveland, it is a licensed energy broker serving businesses in every deregulated natural gas and electricity market. Founded in 2009, TPI recently celebrated 14 years in business, servicing over 3,800 commercial, industrial, educational, government, and nonprofit organizations nationwide.
For more information, visit TPIEfficiency.com
About ScaleCo
ScaleCo has a committed capital fund (“Fund IV”) dedicated to acquiring a controlling interest in transformable private companies within driving distance of Cleveland, Ohio. ScaleCo uses a scalable search model, a blended model that combines traditional Private Equity deal sourcing with elements of a Search Fund. TPI Efficiency is ScaleCo Fund IV’s third investment, alongside PSP Metrics (Pittsburgh, PA) and Innoplast Holdings (Cleveland, OH).
For more information, visit scaleco.com
