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Friday, April 11, 2014

T&D Solutions Transforms Planning and Reporting Process with Scalable SaaS Solution


T&D Solutions (T&D) is a utility service company serving numerous investment-owned utilities, municipalities and electric cooperatives. Their services include distribution, substation, transmission and telecommunications, and within each area, T&D provides services in construction, maintenance, inspection and emergency storm restoration.

In January 2010, T&D was acquired by private equity firm Huntsman Gay Global Capital. At that time, T&D was a ~$100 million platform with a strong field organization. However, the company lacked the scalable, sophisticated planning and reporting infrastructure that would be required to thrive under private equity ownership. Moreover, T&D’s newfound balance sheet leverage and high demand CAPEX created an urgent need for more effective forecasts to help them avoid disruptive covenant issues.


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