M&A Deal Summary

ConnectM Acquires CER

On May 15, 2025, ConnectM acquired business services company CER

Acquisition Highlights
  • This is ConnectM’s 2nd transaction in the Business Services sector.
  • This is ConnectM’s 2nd transaction in India.

M&A Deal Summary

Date 2025-05-15
Target CER
Sector Business Services
Buyer(s) ConnectM
Deal Type Add-on Acquisition

Target

CER

New Delhi, India
CER is an Energy-Management-as-a-Service (EMaaS) provider. CER delivers integrated clean energy solutions for enterprises and telecom operators, including the development and management of distributed solar projects and the deployment of energy-efficient power systems for 5G telecommunications infrastructure. CER is based in New Delhi.

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Buyer(S) 1

Buyer

ConnectM

Marlborough, Massachusetts, United States

Category Company
Founded 2007
Sector Software
Employees158
Revenue 15M USD (2022)
DESCRIPTION

ConnectM is a clean energy technology and solutions provider for residential and light commercial buildings and all-electric original equipment manufacturers. ConnectM was founded in 2007 and is based in Marlborough, Massachusetts.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: India M&A 2 of 2
Year: 2025 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-06 Air Temp

Little Falls, New Jersey, United States

Air Temp is an HVAC service provider specializing in heating, cooling, and air quality solutions for residential and commercial properties. Air Temp is based in Little Falls, New Jersey.

Buy -