JEGI LEONIS has advised Borealis on their sale to Irth Solutions, a portfolio company of TPG.
Borealis provides software that helps organizations streamline how they manage stakeholders and community relations around their projects and assets. For over 20 years, companies in energy, utilities, transportation, mining and renewables have relied on Borealis to centralize engagement activities, meet regulatory requirements, manage land access and resolve issues before they escalate. The platform combines interaction history, geospatial context, operational data and AI-powered insights to improve coordination across teams and regions.
The acquisition of Borealis will enhance Irth’s existing platform. The combined company will deliver an end-to-end platform that integrates Irth’s industry-leading damage prevention, asset integrity, and land management capabilities with Borealis’ comprehensive stakeholder engagement and community relations tools. This powerful combination will enable energy companies, utilities, and telecommunications providers to improve asset resilience and management.
If you’re thinking about selling your company without a firm like JEGI LEONIS—good luck. JEGI LEONIS was absolutely essential to our transaction. Without them, we wouldn’t have crossed the finish line. They know exactly what buyers are looking for and they mobilize a team of pros who handle 90% of the data work, plus the many touchpoints with the market.
The biggest challenge in any deal is keeping focus on sales to maximize your outcome. Without a top-tier team like JEGI LEONIS, you risk losing that focus and devaluing your company instead of selling it for what it’s truly worth. And above all, beyond their professionalism, they’re great, human people to work with. Thank you to the entire team for the hard work!
Patrick Grégoire, Founder & CEO, Borealis
