Franklin Energy Services was founded in 1989 as a business focused entirely on the administration and delivery of utility and government agency energy efficiency and renewable energy programs. The Company leads development, administration, and implementation of conservation programs for clients targeting low income, residential, agricultural, commercial, and industrial markets in multiple states. As a result of a transaction with a regionally-focused private equity group and existing management, the owners divested of a significant portion of their ownership in the Company at an attractive valuation. Further, the shareholders achieved another key objective of keeping the business based in Port Washington, Wisconsin.


By Christopher Riegg
Christopher Riegg, CFA, CPA is the Founding Partner of Promontory Strategy Group (PSG), providing strategic and financial advisory support to privately held and family-owned businesses. He also co-leads Promontory Point Capital (PPC), the investment banking firm he co-founded in 2004, and is the creator of RieggInsights.com, a platform focused on strategic growth, value creation, and successful transaction outcomes.

