M&A Deal Summary

CBL Markets Acquires APX - Environmental Management Account Platform

On December 18, 2019, CBL Markets acquired business services company APX - Environmental Management Account Platform from APX

Acquisition Highlights
  • This is CBL Markets’ 1st transaction in the Business Services sector.
  • This is CBL Markets’ 1st transaction in the United States.
  • This is CBL Markets’ 1st transaction in California.

M&A Deal Summary

Date 2019-12-18
Target APX - Environmental Management Account Platform
Sector Business Services
Buyer(s) CBL Markets
Sellers(s) APX
Deal Type Divestiture

Target

APX - Environmental Management Account Platform

San Jose, California, United States
APX, Inc. - Environmental Management Account (EMA) Platform provides the solution to the challenges companies face because of changes in Renewable Portfolio Standards, climate regulation, and the complexities inherent in managing an ever-growing portfolio of environmental assets.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

CBL Markets

Sydney, Australia

Category Company
Sector Financial Services
DESCRIPTION

CBL Markets is a provider of market participants with access to the world’s environmental commodity markets


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-18 H2OX Markets

Bendigo, Australia

H2OX Markets Ltd. is an Australian water exchange. H2OX Markets is based in Bendigo, Australia.

Buy -

Seller(S) 1

SELLER

APX

San Jose, California, United States

Category Company
Founded 1996
Sector Business Services
DESCRIPTION

APX is a provider of innovative technology and dynamic end-to-end service solutions for environmental commodity and power markets. The company’s 25-year history and expertise spans carbon and renewable energy credit markets, sustainable commodity markets, power generation asset management, physical power markets, and demand response program administration. In this capacity, APX serves a diverse set of clients globally, including standards bodies, regulators, government entities, and NGOs. APX was formed in 1996 and is headquartered in San Jose, California.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1