On July 9, 2024, ZEMA Global Data Corporation (formerly ZE PowerGroup) announced a growth equity investment from FTV Capital to support its global expansion and product innovation. The deal closed the same day. Financial terms were not disclosed.

Blake, Cassels & Graydon LLP advised FTV Capital, while LaBarge Weinstein LLP, led by Randy Taylor, Whitney Harrison, Nathaniel Hills, Irina Fedak, Raj Oberoi, and Katherine Morrice, represented ZEMA. D.A. Davidson acted as exclusive financial advisor to ZEMA. 

FTV Capital’s investment aimed to enhance ZEMA’s position in the global energy and commodities market, driven by rising demand for advanced data and analytics solutions amid the energy transition.