M&A Deal Summary

Esdec Acquires PanelClaw

On November 9, 2020, Esdec acquired manufacturer PanelClaw

Acquisition Highlights
  • This is Esdec’s 4th transaction in the Manufacturing sector.
  • This is Esdec’s 4th transaction in the United States.
  • This is Esdec’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2020-11-09
Target PanelClaw
Sector Manufacturing
Buyer(s) Esdec
Deal Type Add-on Acquisition

Target

PanelClaw

North Andover, Massachusetts, United States
PanelClaw, Inc. is a provider of solar mounting systems for commercial roofs in the U.S. PanelClaw was founded in 2007 and is based in North Andover, Massachusetts.

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Buyer(S) 1

Buyer

Esdec

Deventer, Netherlands

Category Company
Founded 2004
Sector Manufacturing
DESCRIPTION

Esdec is a developer and distributor of professional solar panel mounting systems for both residential and commercial roofs. Its in-house R&D team develops innovative and user-friendly systems, characterized by their ease to install and light weight. Production is outsourced to third parties, after which the systems are assembled and distributed to wholesalers, EPC contractors, solar integrators or installers directly. Esdec was established in 2004 and is based in Deventer, Netherlands.


DEAL STATS #
Overall 4 of 4
Sector: Manufacturing M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Massachusetts M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 IronRidge

Hayward, California, United States

IronRidge, Inc. is a designer and manufacturer of structural hardware for residential and commercial solar systems. IronRidge, Inc. was founded in 1999 and is based in Hayward, California.

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