Arma Partners advises Aurora Energy Research on its sale to TPG Rise Climate

Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Aurora Energy Research, a portfolio company of CGE and 22C Capital, on its sale to TPG Rise Climate. As part of the transaction, TPG will acquire a majority stake and CGE, 22C Capital and Aurora’s CEO John Feddersen will all make significant reinvestments in the business.

Founded in 2013 and headquartered in Oxford, Aurora is a leading global provider of mission-critical data and software analytics to the power sector. Through its proprietary models and datasets, it provides forecasts and price benchmarks to energy market participants, governments, and investors.

Since CGE led the management buyout in 2020, the Company has grown from a UK-focused firm into a global software and data analytics platform serving more than 1,000 institutions across 40+ markets with 17 offices in 14 countries.

This transaction represents a landmark deal in the data & analytics sector, and specifically the energy & commodities vertical, underscoring Arma Partners’ expertise in delivering premium outcomes for global private equity investors, founders and Management teams.   

The transaction is expected to close in the second half of 2025, subject to customary regulatory approvals and closing conditions.