M&A Deal Summary

Renew Financial Group Acquires EcoCity Partners

On September 29, 2015, Renew Financial Group acquired energy services and equipment company EcoCity Partners

Acquisition Highlights
  • This is Renew Financial Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is Renew Financial Group’s 1st transaction in the United States.
  • This is Renew Financial Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2015-09-29
Target EcoCity Partners
Sector Energy Services and Equipment
Buyer(s) Renew Financial Group
Deal Type Add-on Acquisition

Target

EcoCity Partners

St. Petersburg, Florida, United States
website
EcoCity Partners LLC is an innovative public-private partnerships that create green jobs, facilitate renewable energy and energy efficiency property improvements and strengthen communities.

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Buyer(S) 1

Buyer

Renew Financial Group

Oakland, California, United States

website


Category Company
Founded 2008
Sector Financial Services
DESCRIPTION

Renew Financial Group develops large scale, low-cost finance solutions for energy efficiency and renewable energy products through programs such as Property Assessed Clean Energy (PACE), residential unsecured loans, and utility on-bill financing. Renew Financial Group was founded in 2008 and is based in Oakland, California.


DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Florida) 1 of 1
Country (United States) 1 of 2
Year (2015) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-07 AFC First Financial

Allentown, Pennsylvania, United States

AFC First Financial Corp. is a national leader in energy-efficiency and renewable energy lending and program management.

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