Toronto, Ontario – May 26, 2015 – Building upon an already existing exclusive partnership, Conservice announced today that it will be making a substantial financial and strategic investment in Wyse Meter Solutions Inc.
“When we chose to exclusively partner with Wyse in 2014, we found Wyse to have the strongest team and reputation in the industry. We could not be more pleased to have the opportunity to broaden our partnership and we continue to look forward to building upon the significant success we have already realized together over the last 12 months,” said David Jenkins, CEO of Conservice.
“The response from the industry, as we roll out the most sophisticated submetering and utility expense management programs in North America, has been tremendous,” said Ian Stewart, CO-CEO of Wyse. “The savings and efficiency gains Wyse is able to deliver to our customers would not have been possible without Conservice and we are thrilled to be able to announce our strengthened partnership.”
“The strategic partnership between Wyse and Conservice works because both organizations deliver excellence through the same value and integrity platform. We focus on understanding our customers’ requirements and then lead the industry with transparent and effective strategic utility solutions,” says Peter Mills, Co-CEO of Wyse.
Conservice is the largest multi-family utility service provider in the U.S. with approximately 2,000,000 multi-residential service locations contracted in its utility management and billing program. The Conservice executive team has more than 200 years combined experience with property and utility management. Conservice serves eight of the top ten largest U.S. property management companies. This deep and broad experience allows Conservice to have a unique approach to utility billing and management.
About Wyse Meter Solutions Inc.
Wyse Meter Solutions Inc. provides turnkey submetering and utility expense management services to property managers, building owners and developers across Canada. Wyse is unique in its ability to provide energy consumption transparency and accountability to its customers. Through an exclusive partnership with Conservice, the largest submetering and utility management company in North America, Wyse is able to offer its customers a powerful program known as Synergy, providing owners and managers with a 360-degree comprehensive view of the entire utility spend within a building or portfolio of buildings. Synergy is already in use across 1.2 million multi-residential units in North America, including eight of the top ten owners and managers of multi-family real estate.