24 Feb '12, 8am

Tendril Acquires Recurve Software: Tendril is purchasing Recurve, an energy audit and retrofit company, to int...

Tendril Acquires Recurve Software: Tendril is purchasing Recurve, an energy audit and retrofit company, to int...

Tendril is purchasing Recurve , an energy audit and retrofit company, to integrate its software into the Tendril platform. Recurve has gone through a few retrofits of its own during its eight-year history. Last year, the company shifted its construction group to Advanced Home Energy , a retrofitter in the East Bay. At that time, Recurve focused solely on software development . The downturn in construction, lack of capital for improvements coupled with politically hog-tied PACE programs has made the business of home retrofits tough in the past few years, not to mention the inherently fragmented market across 50 states. The picture looking forward isn’t much rosier. And even just the software turned out to be tough to sell on its own, even though it streamlined the retrofit process. “The contractor space is very fragmented,” said Andy Leventhal, CEO of Recurve who will becom...

Full article: http://www.greentechmedia.com/articles/read/Tendril-Acqui...

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