M&A Deal Summary

Real Goods Solar Acquires Alteris Renewables

On June 22, 2011, Real Goods Solar acquired renewable energy company Alteris Renewables from Riverside Partners

Acquisition Highlights
  • This is Real Goods Solar’s 1st transaction in the Renewable Energy sector.
  • This is Real Goods Solar’s 1st transaction in the United States.
  • This is Real Goods Solar’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2011-06-22
Target Alteris Renewables
Sector Renewable Energy
Buyer(s) Real Goods Solar
Sellers(s) Riverside Partners
Deal Type Merger
Advisor(s) Canaccord Genuity Corp. (Financial)

Target

Alteris Renewables

Wilton, Connecticut, United States
website
Earth Friendly Energy Group Holdings LLC (dba Alteris Renewables) was a renewable energy company in the Northeast with more than 30 MW installed. Earth Friendly Energy Group was formed in 1980 and was based in Wilton, Connecticut.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Real Goods Solar

Louisville, Colorado, United States

website


Category Company
Founded 1978
Sector Renewable Energy
Employees70
Revenue 13M USD (2019)
DESCRIPTION

Real Goods Solar is a solar electric installer for residential and commercial projects, providing full service design, installation, permitting and rebate paperwork for turnkey solar installation. Real Goods Solar was founded in 1978 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 4
Sector (Renewable Energy) 1 of 4
Type (Merger) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 4
Year (2011) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-09 Mercury Energy

New Rochelle, New York, United States

Mercury Energy, Inc. (dba Mercury Solar Systems) is a provider of solar energy solutions.

Buy -

Seller(S) 1

SELLER

Riverside Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1989
PE ASSETS 1.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Riverside Partners is a specialist private equity firm focused on investments in healthcare and technology companies located throughout North America. The Firm has a particular interest in companies that are founder or family owned. Target companies are generally profitable with $3 to $15 million of EBITDA. Specific areas of interest within healthcare include suppliers to biopharmaceutical and medical device companies, medical technology and equipment, medical instrumentation, dental products and services, diagnostics and disposables, and specialized healthcare services. Areas of interest within technology include, analytical instrumentation, semiconductor equipment, industrial communications, wireless components, homeland security, and power generation technology. Transaction situations include partial or complete buyouts, recapitalizations, growth equity, divestitures, take privates, and strategic add-ons. Riverside Partners was formed in 1989 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 9 of 32
Sector (Renewable Energy) 1 of 1
Type (Merger) 1 of 3
State (Connecticut) 1 of 2
Country (United States) 9 of 32
Year (2011) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-25 Pilgrim Quality Solutions

Tampa, Florida, United States

Pilgrim Quality Solutions is a provider of enterprise risk, compliance and quality management solutions for global organizations. Pilgrim helps organizations manage industry and regulatory compliance, address potential risks, reduce manufacturing costs and improve customer satisfaction through its integrated platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-18 Align Networks

Jacksonville, Florida, United States

Align Networks is a provider of physical therapy services for the worker's compensation industry. Align's clients benefit from consistent case management support, improved efficiency, and reduced costs. Align Networks was formed in 2005 and is based in Jacksonville, Florida.

Sell -