CLEAResult Buys PECI

Austin-based CLEAResult, which helps utilities, governments, schools, and businesses implement energy efficiency programs, said today that it has acquired the assets of PECI, a fellow energy efficiency company. Financial terms of the buy were not disclosed. PECI was based in Portland, Oregon and was founded in 1979. CLEAResult is backed by private equity investor General Atlantic, and is led by Glenn Garland.