EDISON, N.J.--(BUSINESS WIRE)--Aug 20, 2026--
Albireo Energy, a leading independent building controls and energy services provider and a Huron Capital portfolio company, announced today that it has completed its acquisition of the Powers' regional divisions in Oklahoma and Mississippi/Louisiana. The acquired businesses are highly regarded building automation systems (BAS) providers serving commercial, industrial, healthcare, and other mission-critical facilities.
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"Powers' divisions in Oklahoma and Mississippi/Louisiana represent a strong strategic fit for Albireo Energy," said Albireo Energy CEO Kevin Baxter. "We've been impressed by the experienced team, established customer relationships, and deep roots in these high-growth Southern states. These attributes closely align with our capabilities and long-term growth strategy."
The transaction strengthens Albireo Energy's presence in the South, a region characterized by rapid new construction and a large base of aging buildings in need of modernization. The market also benefits from ongoing investment in advanced manufacturing, emerging data center activity and a stable base of institutional and commercial facility demand.
By combining Powers' regional expertise in Oklahoma and Mississippi/Louisiana with Albireo Energy's national scale, customers will benefit from enhanced capabilities, including access to Albireo Energy's Managed Services Center, its portfolio of Intelligent Services, such as alarm management, private cloud hosting, and fault detection and diagnostics, and the ability to execute more complex projects across data centers, healthcare, advanced manufacturing, and other markets.
Troy Abell will serve as vice president and general manager, overseeing the Powers branches across the three-state territory. He joins a leadership team with decades of experience with Siemens Building Technologies. Joey Necaise remains head of operations, and John Agnelly and Blain Graham continue to lead the Louisiana and Oklahoma branches, respectively.
"We're excited to build on Powers' strengths and legacy of serving customers in the region while accelerating growth," Abell said. "Albireo Energy shares our commitment to customer focus, operational excellence and investing in our people. Together, we are well positioned to deliver greater value to customers and to expand our footprint across the region."
The transaction includes three regional Powers divisions but does not include the company’s Arkansas operations. Powers is a family-owned BAS company and manufacturers’ representative, headquartered in Central Arkansas, with a longstanding reputation for serving customers across vertical markets.
About Powers of Oklahoma and Mississippi/Louisiana
Powers of Oklahoma and Powers of Mississippi / Louisiana are Albireo Energy brands that design, install and service building automation systems for commercial, institutional, industrial, and other mission-critical facilities across the four states, helping customers improve building performance, energy efficiency and occupant comfort through reliable controls, responsive service and long-term system support.
Albireo Energy Completes Purchase of Powers’ Divisions in Oklahoma and Mississippi/Louisiana
SAN FRANCISCO--(BUSINESS WIRE)--Aug 20, 2026--
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Chargebacks represent one of the largest and least visible drains on subscription revenue. When a customer disputes a charge with their bank, the merchant scrambles to respond with incomplete information, and most disputes are lost or resolved through weeks of manual effort. After a dispute closes, the downstream work is just as costly: operations teams must manually update billing records, issue credits, adjust invoices, and trigger the right subscription workflows. For businesses managing high transaction volumes, that process is fragmented, error-prone, and expensive. According to Datos Insights research, commissioned by Mastercard, the expected financial impact of chargebacks to merchants will grow from $36.9 billion in 2026 to $46.1 billion by 2029.
The Recurly and Justt integration addresses both problems in a single workflow. Justt's fully managed dispute platform fights chargebacks 24/7, building evidence packages and engaging with banks on behalf of merchants. Connected to Recurly, Justt gains access to rich, real-time subscription context, including complete customer history, payment behavior, usage patterns, and prior billing records. That context produces stronger evidence packages and better-informed dispute strategies, improving win rates on chargebacks that traditional processes would lose.
"Chargebacks have always been a revenue problem, but the operational drag that follows every dispute resolution is just as damaging," said Jonas Flodh, Head of Strategic Partnerships at Recurly. "By connecting Justt's dispute intelligence with Recurly's subscription data, merchants get a complete workflow from dispute to resolution. They win more chargeback disputes, and the outcomes write themselves back into the billing system automatically. That's the kind of closed-loop automation that actually moves the needle for subscription operations."
When a dispute is resolved, Recurly automatically takes over. The integration triggers the appropriate downstream subscription actions without manual intervention: credits are issued, invoices are updated, billing records sync in real time, and subscriber records reflect the outcome. The billing system remains the single source of truth throughout, with no duplicate charges, no reconciliation spreadsheets, and no days of back-office cleanup.
"Merchants often lose payment disputes not because their case is weak, but because the right evidence is never presented appropriately," said Roenen Ben-Ami, Co-Founder and Chief Risk Officer of Justt. "Recurly's billing data is exactly the kind of context that turns a losing case into a winning one. Justt's Dynamic Arguments technology combined with Recurly's automatic reconciliation helps merchants protect their bottom-line from payment disputes effectively and with minimal effort."
The integration is available to Recurly merchants today. For more information, visit recurly.com.
About Recurly
Recurly is the leading subscription growth platform, processing more than $16 billion in annual transaction volume for over 2,300 global brands, including Paramount+, Alaska Airlines, Sling, Experian, Nuuly, and Cinemark. Built on 15+ years of proprietary data from more than 100 million subscribers worldwide, Recurly's AI-powered platform helps businesses acquire, retain, and recover revenue at every stage of the subscription lifecycle. Recurly is headquartered in San Francisco, CA. Learn more at recurly.com.
About Justt
Justt.ai is the AI-native platform for enterprise chargeback management, helping merchants recapture profit at scale. Founded in 2020, with global offices in New York, London, and Tel Aviv, Justt combines advanced AI technology, dynamic evidence generation, and deep payments expertise to customize every dispute, maximize revenue recovery, improve win rates over time, and minimize manual effort. The company is trusted by more than 250 global enterprise merchants and 80,000 SMBs and was named a Forbes Fintech 50 company in 2026. Learn more at justt.ai.
Recurly, the leading subscription management and billing platform, today announced a new integration with Justt, the AI-native chargeback management platform, to help subscription merchants recover more revenue from chargebacks and eliminate the back-office work that follows every dispute resolution.
