About BKi
BKi delivers solutions related to energy efficiency in buildings, alternative fuel transportation, and fossil fuel power plant performance and environmental control. The firm serves a broad range of governmental and utility clients at the federal, state, and local level. Working from three offices in California, BKi's 40 staff members offer expertise in large-scale program design and implementation, engineering-economic evaluations, new technology R&D and commercialization strategic planning, best practices benchmarking, and marketing communications. In addition, BKi is involved in energy policy development at the state and federal levels and provides thought leadership in energy and environmental sustainability.

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Latest BKi News
Mar 9, 2023
AndreyPopov The Federal Trade Commission has taken action on Thursday to block Intercontinental Exchange's (NYSE: ICE ) proposed acquisition of Black Knight (NYSE: BKI ), saying the deal would reduce competition and innovation in the market for mortgage loan technology and would drive up costs for lenders and homebuyers. Black Knight ( BKI ) stock fell 1.1% in Thursday afternoon trading and Intercontinental Exchange ( ICE ) dropped 1.8%. In the past six months, as the deal delay dragged on, BKI shares have slipped 11% . ICE originally agreed to acquire BKI in May 2022 for ~$13B at the time. "This deal would reduce competition in key areas of the mortgage process, ultimately raising costs for lenders and homebuyers," said Patty Brink, acting deputy director at the FTC's Bureau of Competition. Intercontinental ( ICE ) owns the dominant loan origination system (LOS), software used to manage documents and workflow required to generate a mortgage and Black Knight owns the second-largest LOS, known as Empower, in the U.S. The deal would also harm competition in product pricing and eligibility engines ((PPEs)) and other ancillary services to LOS, the FTC said. Black Knight ( BKI ) has proposed a deal to sell Empower LOS and some related services to Constellation Web Solutions. But the FTC, according its complaint, says "the proposal does not address the anticompetitive effects in the market for PPE software and would not replace the intense competition between ICE and Black Knight in the LOS market."
BKi Acquisitions
1 Acquisition
BKi acquired 1 company. Their latest acquisition was Geltz Communications on December 11, 2012.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
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12/11/2012 | Acquired | 1 |
Date | 12/11/2012 |
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Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 1 |
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