Blackstone (BX) to Acquire Irth Solutions

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Blackstone to Acquire Irth Solutions, a Leading Software Services Provider

December 1, 2021 7:30 AM EST

NEW YORK & COLUMBUS, Ohio--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that Blackstone Energy Partners has agreed to acquire Irth Solutions (Irth). Irth is a leading provider of cloud-based software-as-a-service (SaaS) solutions that automate processes for damage prevention and asset protection across critical network infrastructure assets. Additionally, Irth collects and analyzes operational and environmental data and runs risk management analytics for its blue-chip customer base across the energy, utilities, telecom and media end-markets. Its products and services support electric grid resiliency, electric vehicle penetration, 5G infrastructure build-out, emissions reduction efforts and help improve the safety... More