M&A Deal Summary

CLEAResult Acquires Ecofitt

On June 28, 2022, CLEAResult acquired manufacturer Ecofitt

Acquisition Highlights
  • This is CLEAResult’s 1st transaction in the Manufacturing sector.
  • This is CLEAResult’s 1st transaction in Canada.
  • This is CLEAResult’s 1st transaction in Ontario.

M&A Deal Summary
Date 2022-06-28
Target Ecofitt
Sector Manufacturing
Buyer(s) CLEAResult
Deal Type Add-on Acquisition

Target

Ecofitt

Mississauga, Ontario, Canada
Ecofitt is a conservation focused manufacturer and installer of products and programs, primarily servicing utilities, government agencies, and distributors. Ecofitt is based in Mississauga, Ontario.

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Buyer(S) 1

Buyer

CLEAResult

Austin, Texas, United States
Category Company
Founded 2003
Sector Business Services
Employees2,500
DESCRIPTION

CLEAResult provides energy efficiency, transition, and sustainability services. The company collaborates with a diverse network of local partners to deliver world-class technology and personalized services, making it easy for commercial and industrial businesses, governments, utilities, and residential customers to reduce their energy use and greenhouse gas emissions. CLEAResult was founded in 2003 and is based in Austin, Texas.

DEAL STATS #
Overall 11 of 12
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 9 of 9
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 ChooseEV

Seattle, Washington, United States

ChooseEV is a provider of electric vehicle (EV) market awareness and education tools across North America. ChooseEV operates the most widely deployed platform for EV education, serving over 300 utilities across the U.S. and Canada.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-15 Energetics

Columbia, Maryland, United States

Energetics provides a full spectrum of clean energy consulting services to public and private sector clients. Energetics works with lead investors, innovators, and stakeholders to inform and expedite the development and market success of novel energy technologies, strategies and practices that deliver a sustainable future. Energetics was founded in 1979 and is based in Columbia, Maryland.

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Mergr

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