M&A Deal Summary

CLEAResult Acquires ChooseEV

On May 10, 2022, CLEAResult acquired business services company ChooseEV

Acquisition Highlights
  • This is CLEAResult’s 6th transaction in the Business Services sector.
  • This is CLEAResult’s 10th transaction in the United States.
  • This is CLEAResult’s 2nd transaction in Washington.

M&A Deal Summary
Date 2022-05-10
Target ChooseEV
Sector Business Services
Buyer(s) CLEAResult
Deal Type Add-on Acquisition

Target

ChooseEV

Seattle, Washington, United States
website
ChooseEV is a provider of electric vehicle (EV) market awareness and education tools across North America. ChooseEV operates the most widely deployed platform for EV education, serving over 300 utilities across the U.S. and Canada.

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Buyer(S) 1

Buyer

CLEAResult

Austin, Texas, United States

website

Category Company
Founded 2003
Sector Business Services
Employees2,500
DESCRIPTION

CLEAResult is the largest provider of energy efficiency programs and services in North America. CLEAResult was founded in 2003 and is based in Austin, Texas.

DEAL STATS #
Overall 10 of 12
Sector (Business Services) 6 of 7
Type (Add-on Acquisition) 8 of 9
State (Washington) 2 of 2
Country (United States) 10 of 11
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-29 ENGIE Insight Services - Utility Division

Spokane, Washington, United States

ENGIE Insight Services, Inc. - Utility Division is a provider of energy efficiency expertise and technology to help them meet new market demands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-28 Ecofitt

Mississauga, Ontario, Canada

Ecofitt is a conservation focused manufacturer and installer of products and programs, primarily servicing utilities, government agencies, and distributors. Ecofitt is based in Mississauga, Ontario.

Buy -
Mergr

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