M&A Deal Summary

Catalyze Acquires Sol Alliance

On September 23, 2021, Catalyze acquired renewable energy company Sol Alliance

Acquisition Highlights
  • This is Catalyze’s 2nd transaction in the Renewable Energy sector.
  • This is Catalyze’s 2nd transaction in the United States.
  • This is Catalyze’s 1st transaction in New York.

M&A Deal Summary

Date 2021-09-23
Target Sol Alliance
Sector Renewable Energy
Buyer(s) Catalyze
Deal Type Add-on Acquisition

Target

Sol Alliance

Brooklyn, New York, United States
Sol Alliance is a solar sales and development firm whose team has a 15-year track record and completed over 3,000 projects. In addition to bringing a deal pipeline exceeding 80 megawatts (MW) of projects in development. Sol Alliance is based in Brooklyn, New York.

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Buyer(S) 1

Buyer

Catalyze

Houston, Texas, United States

Category Company
Founded 2017
Sector Renewable Energy
DESCRIPTION

Catalyze is a developer and independent power producer of renewable energy, storage, and electric vehicle projects. The company owns and operates integrated renewable assets and leverages its proprietary technology, financial strength, and EV expertise to deliver adaptable systems that help partners maximize asset value, manage their energy profile, and participate in the clean energy transition. Catalyze was founded in 2017 and is based in Houston, Texas.


DEAL STATS #
Overall 2 of 3
Sector: Renewable Energy M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-12 PermaCity

Long Beach,, California, United States

PermaCity is a solar energy design and installation company that developed more than 100 MWs of installed and operating solar generation on more than 9 million square feet of commercial roofs, including the Westmont Industrial Complex, the largest solar roof in the U.S. at 16.4 MWs, the L.A. Convention Center, Fox Studios, and many others.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-14 MGL

Boulder, Colorado, United States

MGL is a software and consulting company that helps enable commercial fleet electrification and microgrids. As part of the relationship, the two companies will combine their offerings in order to provide comprehensive fleet electrification services to companies and municipalities across the U.S. MGL is based in Boulder, Colorado.

Buy -