M&A Deal Summary

Alternative Energy Partners Acquires Shovon

On July 9, 2010, Alternative Energy Partners acquired energy services and equipment company Shovon

Acquisition Highlights
  • This is Alternative Energy Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is Alternative Energy Partners’ 1st transaction in the United States.
  • This is Alternative Energy Partners’ 1st transaction in California.

M&A Deal Summary

Date 2010-07-09
Target Shovon
Sector Energy Services and Equipment
Buyer(s) Alternative Energy Partners
Deal Type Add-on Acquisition

Target

Shovon

Corona, California, United States
Shovon LLC is a provider of management controllers for smart energy consumption.

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Buyer(S) 1

Buyer

Alternative Energy Partners

Boca Raton, Florida, United States

Category Company
Founded 2008
Sector Medical Products
DESCRIPTION

Alternative Energy Partners is a provider of medical marijuana products to help improve the lives of patients suffering from serious medical conditions. Alternative Energy Partners was incorporated in 2008 and is headquartered in Boca Raton, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1