Advantage IQ, Ecos merge under Ecova banner
By Christina Williams
Sustainable Business Oregon editor
Jon Thomsen, executive vice president for Ecova says the new brand is a natural progression of the merger between Ecos and Advantage IQ.
Since its acquisition in 2009 by Advantage IQ, Portland-based Ecos kept a low profile despite helping some of the largest consumer brands improve their efficiency and reduce their waste.
With the announcement Monday morning that Advantage IQ and Ecos will merge under the name Ecova, that’s about to change.
Ecos, a powerhouse in the energy efficiency program design space working with utilities across North America is formally merging its expertise with Advantage IQ, which works with mass amounts of data to design efficiency, waste-reduction and other related sustainability programs.
Jon Thomsen, executive vice president of Ecova and former president and CEO of Ecos, said the new name and combined mission is a result of the cross-pollination that went on between the companies during the two years that Ecos operated as a subsidiary of Advantage IQ.
The combined companies represent serious heft in the world of sustainable business consulting. Between the two, they hold $18 billion in data representing the energy, waste, water and related expenses of some of the world’s largest brands. Their client base represents a full 5.5 percent of the commercial industrial energy load.
That combined data takes on a value of its own as utilities look to better understand and manage the demand-side of their energy spectrum.
“We’ve always been the largest company that nobody has ever heard of,” Thomsen said.
United under the Ecova banner, the Spokane-based company, which has a growing staff of about 95 employees in Portland, will be up against the likes of Honeywell, Ameresco and Johnson Controls, in addition playing in the same space as Portland-based PECI.
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