NWP Services Acquires ViaStar Energy

NWP Services Acquires ViaStar Energy
IRVINE, CA - NWP Services Corporation (NWP) announced the acquisition of ViaStar Energy, Inc., an Indianapolis-based provider of utility billing and meter installation and maintenance services to multifamily communities, manufactured housing communities, condominiums, and retail properties. ViaStar will add a strong presence for NWP in the Midwest. ViaStar's management, including customer liaisons and technical support, will continue to serve the ViaStar clients.

"With its best-in-class billing system and ability to effectively implement significant new volumes of properties in a very short window of time we knew that NWP was just the right company to service our customers into the future at the high level of service that they have come to expect as well as offering customers the ability to utilize expanded services such as electronic payment and utility bill payment," said Christopher Day, co-CEO of ViaStar Energy.

"We are pleased to have entered into this agreement with NWP, who we believe is the leading billing provider to the multifamily industry," stated Todd Ryden, co-CEO of ViaStar Energy. "We believe that ViaStar customers will be able to even further strengthen their bottom line given the quality and breadth of services offered by NWP."

"The opportunity to leverage the strength of ViaStar's leadership position in the Indianapolis market and throughout the Midwest makes this an attractive proposition for NWP," stated Michael D. Radice, CEO and president of NWP. "Our advanced billing technologies and business process methods will enable us to rapidly transfer ViaStar customers to the NWP billing system, helping to ensure that the company's properties and residents experience a seamless transition and are able to quickly benefit from our enhanced services and website functionality currently available to all NWP customers."

Headquartered in Irvine, California, NWP Services Corporation (NWP) serves the multifamily housing industry as its leading financial transaction processing provider. NWP is known for its industry expertise delivering proven results and exceptional quality in resident billing, resident payment processing and utility management.
Source: NWP Services Corporation

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