M&A Deal Summary

Aemetis Acquires EdeniQ

On May 5, 2016, Aemetis acquired renewable energy company EdeniQ from Element Partners and Angeleno Group

Acquisition Highlights
  • This is Aemetis’ 1st transaction in the Renewable Energy sector.
  • This is Aemetis’ 3rd transaction in the United States.
  • This is Aemetis’ 2nd transaction in California.

M&A Deal Summary
Date 2016-05-05
Target EdeniQ
Sector Renewable Energy
Buyer(s) Aemetis
Sellers(s) Element Partners
Angeleno Group
Deal Type Add-on Acquisition

Target

EdeniQ

Visalia, California, United States
EdeniQ, Inc. is a cellulosic ethanol technology company. Edeniq’s capital light and operationally efficient solutions can be easily integrated into existing biorefineries that produce ethanol, other biofuels, biochemicals, and/or bio-based products.

Search 201,157 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

Aemetis

Cupertino, California, United States
Category Company
Founded 2005
Sector Chemicals
Employees205
Revenue 187M USD (2023)
DESCRIPTION

Aemetis is a producer of advanced fuels and renewable chemicals. Aemetis was incorporated in 2005 and is based in Cupertino, California.

DEAL STATS #
Overall 3 of 3
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-10 Cilion

Goshen, California, United States

Cilion, Inc. is a renewable fuels company.

Buy -

Seller(S) 2

SELLER

Element Partners

Wayne, Pennsylvania, United States

Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2005
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Element Partners is a specialist private equity firm focused on late-stage investments in alternative energy and clean technology companies. Target businesses are at or near profitability with experienced management. Sectors of interest include energy/power, water/environmental controls, chemicals/advanced materials, and manufacturing/industrial. Element Partners was formed in the year 2005 and is based in Radnor, Pennsylvania.

DEAL STATS #
Overall 19 of 25
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 12 of 16
State (California) 3 of 4
Country (United States) 17 of 22
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-06 Icynene-Lapolla

Houston, Texas, United States

Icynene-Lapolla is a manufacturer and distributor of spray polyurethane foam insulation products. Contractors install spray foam insulation in walls, ceilings, floors, attics, and hard-to-insulate areas across a diverse set of construction end markets, including new custom residential, new production residential, commercial, remodeling, and specialty non-construction applications. Icynene-Lapolla was founded in 1986 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-21 TPI

Scottsdale, Arizona, United States

TPI is a developer and volume manufacturer of wind turbine blades and other large-scale composite structures for the transportation and military vehicle markets. TPI Composites was founded in 1968 and is based in Scottsdale, Arizona. TPI was founded in 1968 and is based in Scottsdale, Arizona.

Sell -
SELLER

Angeleno Group

Los Angeles, California, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2001
Size Small
Type Sector Agnostic
DESCRIPTION

Angeleno Group is a private equity firm focused on high growth investments within the energy sector. The Firm pursues a wide range of opportunities and will consider transactions across the US. Angeleno looks for companies that are heavily involved in the development of innovative products and services that are emerging as potential solutions to global energy and environmental challenges. Specific sub-sectors of interest include clean transportation, emissions control and carbon management, energy efficiency, power infrastructure, renewable energy, solar, waste management, and wind. The Firm looks to commit $10 to $30 million per investment and will consider a variety of deal types, including secondaries, first institutional equity, growth equity, and PIPEs. Angeleno Group was founded in 2001 and is based in Los Angeles, California.

DEAL STATS #
Overall 8 of 18
Sector (Renewable Energy) 2 of 2
Type (Add-on Acquisition) 5 of 10
State (California) 4 of 8
Country (United States) 8 of 14
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-18 Patriot Environmental Services

Wilmington, California, United States

Patriot Environmental Services is an environmental service provider serving the Southwestern United States with a proven ability to implement. Patriot provides full-service environmental solutions to a wide variety of end markets, serving customers within manufacturing, agriculture, construction, healthcare, mining, oil & gas, transportation, and utilities markets. Patriot Environmental Services was founded in 2002 and is based in Wilmington, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-21 TPI

Scottsdale, Arizona, United States

TPI is a developer and volume manufacturer of wind turbine blades and other large-scale composite structures for the transportation and military vehicle markets. TPI Composites was founded in 1968 and is based in Scottsdale, Arizona. TPI was founded in 1968 and is based in Scottsdale, Arizona.

Sell -
Mergr

Product

Company

Legal