M&A Deal Summary

AM Conservation Group Acquires Evolve Technologies

On September 27, 2023, AM Conservation Group acquired business services company Evolve Technologies

Acquisition Highlights
  • This is AM Conservation Group’s 1st transaction in the Business Services sector.
  • This is AM Conservation Group’s 3rd transaction in the United States.
  • This is AM Conservation Group’s 1st transaction in Arizona.

M&A Deal Summary
Date 2023-09-27
Target Evolve Technologies
Sector Business Services
Buyer(s) AM Conservation Group
Deal Type Add-on Acquisition

Target

Evolve Technologies

Scottsdale, Arizona, United States
Evolve Technologies is a provider of innovative patented technologies and products for water and energy conservation. Evolve Technologies is based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

AM Conservation Group

Charleston, South Carolina, United States
Category Company
Founded 1989
Sector Environmental
DESCRIPTION

AM Conservation Group is a provider of products and services to utilities and municipalities. The company was formed on principles of customer service and energy conservation. AM Conservation Group was formed in 1989 and is based in Charleston, South Carolina.

DEAL STATS #
Overall 3 of 4
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Arizona) 1 of 1
Country (United States) 3 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-28 GoodCents Concepts

Atlanta, Georgia, United States

GoodCents Concepts, Inc. is a provider of energy efficiency and demand response programs for electric utilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-13 Energy Federation

Marlborough, Maryland, United States

Energy Federation delivers energy efficiency technology solutions to save energy and how utilities engage with their customers. The company is a technology provider of utility-branded marketplaces and instant rebate programs for utility companies. Energy Federation is based in Marlborough, Maryland.

Buy -
Mergr

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