M&A Deal Summary

Ainsworth Acquires Energere

On February 10, 2022, Ainsworth acquired energy services and equipment company Energere

Acquisition Highlights
  • This is Ainsworth’s 1st transaction in the Energy Services and Equipment sector.
  • This is Ainsworth’s 1st transaction in Canada.
  • This is Ainsworth’s 1st transaction in Quebec.

M&A Deal Summary
Date 2022-02-10
Target Energere
Sector Energy Services and Equipment
Buyer(s) Ainsworth
Deal Type Add-on Acquisition

Target

Energere

Montreal, Quebec, Canada
website
Energere is an energy services company providing innovative solutions that increase energy efficiency, reduce operating and maintenance expenses and decrease the carbon footprint of buildings. The company offers energy efficiency advisory services, turnkey design-build projects with or without energy performance guarantees as well as energy-efficient street lighting and infrastructure management technologies to cities and municipalities through its smart cities division. It has successfully completed more than 600 energy efficiency projects in institutional, municipal, commercial, and industrial markets across Quebec. Energere was formed in 1997 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

Ainsworth

Toronto, Ontario, Canada

website

Category Company
Founded 1933
Sector Business Services
DESCRIPTION

Ainsworth provides a broad range of technical services including mechanical maintenance, HVACR, electrical, cabling for data transport, and high voltage services for commercial, industrial, institutional, government, and residential building clients across Canada. Ainsworth was formed in 1933 and is based in Toronto, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
Mergr

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