M&A Deal Summary

Albireo Energy Acquires Environmental Energy

On September 17, 2019, Albireo Energy acquired utilities company Environmental Energy

Acquisition Highlights
  • This is Albireo Energy’s 1st transaction in the Utilities sector.
  • This is Albireo Energy’s 12th transaction in the United States.
  • This is Albireo Energy’s 3rd transaction in New York.

M&A Deal Summary

Date 2019-09-17
Target Environmental Energy
Sector Utilities
Buyer(s) Albireo Energy
Deal Type Add-on Acquisition

Target

Environmental Energy

Deer Park, New York, United States
Environmental Energy Corp. is a provider of energy management systems for large commercial and higher education buildings primarily in the New York metropolitan area.

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Buyer(S) 1

Buyer

Albireo Energy

Edison, New Jersey, United States

Category Company
Founded 2013
Sector Energy Services and Equipment
DESCRIPTION

Albireo Energy is a holding company established to provide a holistic approach to energy efficiency services and smart building solutions to commercial and institutional customers throughout the U.S. Albireo Energy was founded in 2013 and is based in Edison, New Jersey.


DEAL STATS #
Overall 12 of 15
Sector: Utilities M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 13
State: New York M&A 3 of 3
Country: United States M&A 12 of 15
Year: 2019 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-18 Alabama Controls

Pelham, Alabama, United States

Alabama Controls, Inc. is a provider of building automation and HVAC control solutions as well as equipment and parts sales. Alabama Controls primarily serves government agencies, large commercial buildings, and higher education markets, among others. Alabama Controls, Inc. employs over 80 people in seven offices with locations in Alabama, Florida, and Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-30 Bridge Power Consulting - Customer Contracts

Houston, Texas, United States

Bridge Power Consulting LLC - Customer Contracts is a provider of clients to energy procurement services.

Buy -