M&A Deal Summary |
|
|---|---|
| Date | 2014-07-29 |
| Target | Astrum Solar |
| Sector | Renewable Energy |
| Buyer(s) | Direct Energy |
| Sellers(s) | NewWorld Capital Group |
| Deal Type | Add-on Acquisition |
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Direct Energy LP is retail provider of electricity, natural gas, and home and business energy-related products and services. Direct Energy was founded in 1997 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 15 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Add-on Acquisition) | 6 of 7 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 12 of 13 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-25 |
Direct Energy - Home Services Business
Ontario, Canada Direct Energy - Home Services Business currently has nearly 1.9 million home services contracts in Ontario, to provide a range of plumbing, heating, ventilation, air conditioning and other related services. |
Sell | CA$550M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-12 |
Panoramic Power
Kfar Sava, Israel Panoramic Power Ltd. is a cloud based device level energy management solutions provider enables businesses to optimize their energy consumption improve operational efficiency and generate income through load response programs. |
Buy | $60M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Focused |
NewWorld Capital Group is a specialist private equity investment group focused on opportunities in the environmental sector. Specific areas of interest include clean energy, energy efficiency, environmental services, waste management, water, and materials. NewWorld looks to invest in mid-market, established companies. The Firm generally looks to provide expansion capital to growing businesses, development capital to infrastructure project developers, and project capital to production-scale plants with no technology risk, low commodity price risk, and long-term revenue contracts. NewWorld prefers North American based businesses, but will selectively consider opportunities in Europe. NewWorld Capital is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 5 |
| Sector (Renewable Energy) | 1 of 3 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 2 of 4 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-07 |
Astrum Solar
Annapolis Junction, Maryland, United States Astrum Solar, Inc. is a national full-service residential solar provider, serving homeowners and small business in Connecticut, Delaware, New Hampshire, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia, Washington, DC, West Virginia, California, and Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-01 |
SolarEdge
Herziliya Pituach, Israel SolarEdge provides an end-to-end distributed solar power harvesting and PV monitoring solution,maximizing the power generation of residential, commercial and large-scale PV system installations by up to 25%, for more rapid return on investment. SolarEdge was founded in 2006 and is based in Herzliya, Israel. |
Buy | - |
