5 Acquisitions in the Solar industry
Company acquisitions in the Solar industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 5 acquisitions that took place in the Solar industry.
Custom Solar acquired by Mitie
Details about the transaction:
Acquisition amount: $15,490,977
Announcement: 9 June 2022
Details about the company:
Custom Solar creates solar power solutions for businesses and government organizations.
Headquarter:
Where to find them: Website
Industry: Clean Energy, Energy, Renewable Energy, Solar
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Renovigi Energia Solar acquired by Intelbras
Details about the transaction:
Acquisition amount: $65,014,696
Announcement: 16 February 2022
Details about the company:
The leading manufacturer and distributor of solar energy products is Renovigi Energia Solar.
Headquarter:
Where to find them: Website
Industry: Energy, Manufacturing, Renewable Energy, Solar
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
SenseHawk acquired by Reliance Industries
Details about the transaction:
Acquisition amount: $32,000,000
Announcement: 6 September 2022
Details about the company:
For the infrastructure sector, SenseHawk is a SaaS supplier of data analytics, integration, and workflow management software.
Headquarter:
Where to find them: Website
Industry: Analytics, Asset Management, Construction, Drones, Infrastructure, Power Grid, SaaS, Software, Solar, Task Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
solarZero acquired by BlackRock
Details about the transaction:
Acquisition amount: $60,017,201
Announcement: 13 September 2022
Details about the company:
solarZero is a provider of sun power.
Headquarter:
Where to find them: Website
Industry: Energy, Renewable Energy, Solar, Sustainability
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Solcius acquired by Sunworks
Details about the transaction:
Acquisition amount: $51,800,000
Announcement: 9 April 2021
Details about the company:
Design and Installation of Residential Solar
Headquarter:
Where to find them: Website
Industry: Building Material, Energy, Mining, Real Estate, Renewable Energy, Solar, Web Design
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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