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RLH Invests in High Growth Utility Advisory and IT Implementation Services Firm

RLH Equity Partners is pleased to announce its investment in Red Clay Consulting. Red Clay provides high-value IT consulting and implementation services to Tier 1 and Tier 2 utilities, largely based on Oracle's sector-leading suite of software. Red Clay's engagements are comprehensive and often multi-year in duration, typically including program leadership, implementation, training, and integration with other software systems.

RLH Equity Partners Invests in High Growth Utility Advisory and IT Implementation Services Firm, Red Clay Consulting

Red Clay, which has delivered over 300 projects, employs one of the largest and most-certified pure play US-based Oracle Utilities technology consulting teams. The Company helps its clients design and implement full breadth meter to cash and asset technology solutions from customer care and billing systems to meter data management capabilities that aim to (i) improve the utility consumer experience from starting service through advanced smart metering, billing, payment, and customer support and (ii) manage and provide field services to widely distributed physical assets. While providing enterprise level cloud-based and on-premise software solutions to its clients, Red Clay concurrently offers its employees a company culture that has earned multiple 'Best Places to Work' awards and strong Glassdoor ratings.

RLH Equity Partners managing director Kevin Cantrell and vice president Paul Fortin commented, "Red Clay operates in an industry very familiar to RLH and is well positioned to capitalize on an immense market opportunity through its extensive expertise across the electric, water and gas segments of the utility sector. As an employer of choice, Red Clay draws upon its unique and highly skilled talent to meet the urgent demands of utility clients. Together, Red Clay Consulting and RLH Equity Partners will continue to deliver upon the high expectations of its clients and invest in even more comprehensive client solutions."

Specific investments described herein do not represent all investment decisions made by RLH. The reader should not assume that investment decisions identified and discussed were or will be profitable. Specific investment references provided herein are for illustrative purposes only and are not necessarily representative of investments that will be made in the future.
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