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  5. Eguana Technologies Acquires Solarlab

M&A Deal Summary

Eguana Technologies Acquires Solarlab

On March 7, 2023, Eguana Technologies acquired renewable energy company Solarlab

Acquisition Highlights
  • This is Eguana Technologies’ 1st transaction in the Renewable Energy sector.
  • This is Eguana Technologies’ 1st transaction in Australia.

M&A Deal Summary
Date 2023-03-07
Target Solarlab
Sector Renewable Energy
Buyer(s) Eguana Technologies
Deal Type Add-on Acquisition

Target

Solarlab

Wingfield, Australia
Solarlab delivers high-value design, sales, installation, and monitoring services in energy storage and residential and commercial solar markets nationally throughout Australia. Solarlab was formed in 2017 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Eguana Technologies

Calgary, Alberta, Canada
Category Company
Sector Electrical Equipment
Revenue 10M CAD (2023)
DESCRIPTION

Eguana Technologies designs and manufactures high-performance residential and commercial energy storage systems. It is a supplier of energy storage systems for solar self-consumption, grid services, and demand charge applications at the grid edge. Eguana Technologies is based in Calgary, Alberta.

DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2023 M&A 1 of 1
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