ST. LOUIS, June 21, 2017 /PRNewswire/ -- President and CEO Allan Connolly of Aclara Technologies ("Aclara"), has received the EY Entrepreneur Of The Year® 2017 Award in the Central Midwest. The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Connolly was selected by an independent panel of judges, and the award was presented at a black tie gala on June 15 in Kansas City.
"EY has been recognizing leading entrepreneurs for over three decades," said Scott McVicker, Entrepreneur of the Year program co-director for the Central Midwest. "The class of winners in 2017 represent new ways of thinking, disruptive business models and overall dynamism that make this country a great place to do business."
"Receiving the EY Entrepreneur of the Year award is an honor that belongs not only to me, but to every employee of Aclara," said Connolly. "Without a team effort, we could not have accomplished what we have done to grow Aclara and expand its (leadership in providing smart infrastructure solutions to utilities around the world) footprint as a leading provider of smart infrastructure solutions to utilities."
In the three years since Connolly took over the helm of Aclara, the company has grown to offer comprehensive, end-to-end smart infrastructure solutions with a single point of accountability to electric, gas and water utilities globally.
Connolly also has led his team through three major acquisitions that have rounded out Aclara's product lines and expanded its position as a top smart infrastructure solutions company. In December 2015, Meter Reading Holdings LLC, the legal entity that owns Aclara Technologies, purchased the electric smart meters business from General Electric and in January 2017 added a mobile workforce management technology for smart grid deployments and smart grid professional services by acquiring Smart Grid Solutions, a division of Apex CoVantage LLC. Collectively, these two companies along with Aclara Technologies, operate as Aclara. In August 2016, Aclara acquired Tollgrade's Smart Grid division, which included its distribution monitoring platform comprising smart grid sensors and sensor management system software with Predictive Grid® Analytics.
Founded and produced by EY, the Entrepreneur of the Year Awards are nationally sponsored in the US by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation.
In the Central Midwest region, sponsors include PNC, Lathrop & Gage and Common Ground Public Relations.
Aclara Technologies is a world-class supplier of smart infrastructure solutions (SIS) to more than 800 water, gas, and electric utilities globally. Aclara SIS offerings include smart meters and other field devices, advanced metering infrastructure and software and services that enable utilities to predict and respond to conditions, leverage their distribution networks effectively and engage with their customers. Aclara recently won a Frost & Sullivan Global Smart Energy Networks Enabling Technology Leadership Award, was named a finalist in three categories of the Platts Global Energy Awards. Aclara is owned by an affiliate of Sun Capital Partners. Visit us at Aclara.com, follow us on Twitter @AclaraSolutions or read our blog.
About Entrepreneur of the Year®
Entrepreneur Of The Year®, founded by EY, is the world's most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries. ey.com/eoy
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
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